Businesses across Great Britain will see the Government pick up nearly half of their soaring energy bills to ensure they do not go bust, ministers have announced. The wholesale cost of gas and electricity will be slashed for companies under a scheme which will run for six months starting in October.
The Government will cap the wholesale price paid by non-domestic customers, which include schools and charities. Prime Minister Liz Truss said shops and pubs will benefit from support with their energy bills beyond the initial six-month scope of the scheme.
She said: “We know that businesses are very concerned about the level of their energy bills. That’s why we are putting in place a scheme for business that will be equivalent to the scheme for households to make sure that businesses are able to get through the winter.
