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Daily Record
Daily Record
National
Duncan Gorman & Jonathan Geddes & Torcuil Crichton

Bills ‘will spike again when new cap ends’ as Scots firms warn six months help may not be enough

John MacKenzie SSE John Swinney Jacob ReesMogg

Scottish businesses have voiced concerns over sharp energy price rises after the end of a new Government scheme.

UK Energy Secretary Jacob Rees-Mogg announced plans yesterday to slash the cost of wholesale gas and electricity for business customers for six months from October.

The cap will mean the “supported ­wholesale price” will be £211 per megawatt hour (MWh) for electricity and £75 per MWh for gas – around half the projected price on the open market and equivalent to the scheme in place for households.

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