Friday 9 September 2022

Business Energy Help

 
On Thursday, the government announced a plan to help households with their energy bills for two years. Businesses will be protected from steep energy price rises for six months. And business groups have also voiced concern over the lack of detail explaining how the new price cap will work for firms. The Federation of Small Businesses said the plan was "sparse on detail". While the government has promised support for the most vulnerable industries, highlighting the hospitality sector, it has said there will be a review in three months' time to decide where the help should be targeted. Small firms warned they cannot remain in "limbo" for the next three months. Pub and restaurant venues say the plans announced so far are too vague, leaving unanswered questions, meaning they can't plan ahead.