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...

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