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More UK Energy Aid to Come Under Incoming Leader, Zahawi Says

Bloomberg business news
WATCH: Nadhim Zahawi, UK Chancellor of the Exchequer, said he’s working on additional energy aid to help households and businesses.Source: Bloomberg

UK Chancellor of the Exchequer Nadhim Zahawi said he’s working on additional measures to help households and businesses with soaring energy bills. 

The proposals will help the country’s incoming prime minister “hit the ground running” after a leadership vote in the governing party concludes next week, Zahawi said in an interview with Bloomberg Television on Monday. He said smaller businesses, in particular, will likely need assistance as a result of the energy crisis engulfing the UK and other European countries.