A new scheme to support firms with their energy bills was announced in the House of Commons on Monday. The current scheme which caps the unit cost of gas and electricity for all businesses expires at the end of March. Under the new scheme, businesses will get a discount on wholesale prices rather than costs being capped as under the current one.
While some industry groups welcomed the announcement, others warned it fell short for business struggling with soaring costs. Read what the manufacturing industry has to say. Manufacturers react to energy bill support being cut: Stephen Phipson, CEO of Make UK, the manufacturers’ organisation said: “It is a welcome move that government has recognised the need…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
