Government scales back energy support scheme for businesses

Cecilia Keating
clock • 6 min read
The Chancellor attends a virtual meeting with G7 finance ministers on 22 December. Credit: Simon Walker, Number 10 Downing Street
Image:

The Chancellor attends a virtual meeting with G7 finance ministers on 22 December. Credit: Simon Walker, Number 10 Downing Street

New regime to see discount provided to non-domestic customers when wholesale gas and electricity prices hit certain threshold, but business groups fear rising energy costs could exacerbate economic downturn

The government has confirmed it is to slash support to help businesses manage rising energy costs from April onwards, in a move that business groups and trade unions have warned could exacerbate the economic...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Study: US renewables capacity tipped to more than double to over 1TW by 2035

Study: US renewables capacity tipped to more than double to over 1TW by 2035

New report predicts US renewables sector will continue to expand, despite opposition from Trump White House

BusinessGreen staff
clock 31 December 2025 • 4 min read
Octopus Energy to spin-out software arm Kraken at $8.65bn valuation

Octopus Energy to spin-out software arm Kraken at $8.65bn valuation

Energy giant announces plan to sell $1bn-worth of equity in Kraken, as part of major funding round involving new and existing investors

BusinessGreen staff
clock 30 December 2025 • 3 min read
EDF 'Sunday Saver' scheme to return in January

EDF 'Sunday Saver' scheme to return in January

Energy giant confirms popular energy saving incentive programme will be available from next month

BusinessGreen staff
clock 30 December 2025 • 2 min read