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Businesses Fear ‘Cliff Edge’ When UK’s Energy Support Plan Ends

  • Government promises to help companies survive the winter
  • After six months vulnerable firms could get further protection
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UK To Cap Typical Household Energy Bills at £2.5K: Truss
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Businesses urged the UK government to provide more assurances that they will be supported through the worst energy crisis in decades after Prime Minister Liz Truss outlined a program to help with soaring costs.

Businesses, charities and public sector organizations will get “equivalent support” to that offered to households, Truss said Thursday. Yet while families will see their bills capped for two years, companies will initially be covered for just six months. After three months, a government review will decide how to target further support at “vulnerable industries.”