© 2020 – 2023 AEA3 WEB | AEAƎ United Kingdom News

‘We won’t be here for long’: UK firms fear the worst as energy bill support ends

Bills could rise by as much as 133% when new cap is introduced this weekend, say analysts

Thousands of small businesses risk going bust as “brutal” energy bills are to double with the end of a government support scheme from this weekend.

Companies are braced for an increase in energy costs as the government’s support for non-household energy bills falls away, and many fixed rate deals come to an end. The combined impact could drive energy bills for many companies up by as much as 133% , according to analysts at the consultancy Cornwall Insight.

Continue reading…

Related posts

Russia-Ukraine war live: Three killed in Kyiv as Russia launches fresh overnight strikes


Durham head steps back after calling students ‘pathetic’ at Rod Liddle event


Novak Djokovic rallies to beat Stefanos Tsitsipas in epic French Open final


Pin It on Pinterest

Share This