UK cuts energy support for business to 5.5 billion pounds

UK curbs energy bill support for businesses

LONDON, United Kingdom -Britain on Monday scaled back its energy bill support for businesses after warning that the current aid level was unsustainable. The government is currently subsidizing energy costs to protect consumers and firms after the invasion of Ukraine by Russia, a key gas supplier, caused prices to soar. Finance minister Jeremy Hunt announced […] The post UK curbs energy bill support for businesses appeared first on Inquirer Busin…

New energy bill support announced for businesses until end of March next year

The UK Government's Energy Bills Discount Scheme will also help charities and the public sector from April.

Energy bill support for businesses extended - but with less generous promise

New scheme set to start in April, but with considerably less support

UK curbs energy bill support for businesses

The government is currently subsidising energy costs to protect consumers and firms after the invasion of Ukraine by Russia.

Businesses fear government cuts to energy bill support

Ministers have unveiled details of the new scheme to help businesses with their energy bills - but it offers a lot less overall support than before.

Energy Bill Support For Businesses Slashed

Jeremy Hunt scales back subsidies to £5.5 billion as policy had become “unsustainably expensive”.