UK business owners: how will you cope with reduced energy support payments?

We’d like to hear how business owners in the UK expect to be affected by the treasury’s decision to reduce the energy support scheme from March

Businesses will receive reduced support for their energy bills from the end of March, the Treasury confirmed on Monday, and announced that the government would provide £5.5bn of “transitional support” for businesses over 12 months from 1 April 2023.

The new scheme is less generous than the current one in providing energy support for businesses, charities and public sector organisations, and will offer a discount on wholesale prices rather than a fixed price.

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​We’d like to hear how business owners in the UK expect to be affected by the treasury’s decision to reduce the energy support scheme from MarchBusinesses will receive reduced support for their energy bills from the end of March, the Treasury confirmed on Monday, and announced that the government would provide £5.5bn of “transitional support” for businesses over 12 months from 1 April 2023.The new scheme is less generous than the current one in providing energy support for businesses, charities and public sector organisations, and will offer a discount on wholesale prices rather than a fixed price. Continue reading…