One of the country’s biggest business bodies has urged the new PM to provide even more help for companies struggling with the “cost-of-doing-business” following latest support with energy bills.
Liz Truss has told Parliament average household energy bills will be frozen at no more than £2,500 for the next two years, and said businesses and non-domestic users such as schools and hospitals – not covered by the existing price cap – will get an initial six-months of support. Following that there will support for the most vulnerable industries, with a review in three months’ time.
In exchange the Government will provide energy suppliers with the difference between the new, lower price and what they would charge were this not in place.
