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Chronicle Live
Business
Daniel Hall

"Our bills are going to be scary" - Northumberland tourism businesses react to Government's energy support package

Tourism and hospitality businesses across Northumberland have reacted to the energy support package announced by the Government on Wednesday morning.

This morning's statement from the Department of Business, Energy and Industrial Strategy (BEIS) revealed that the Government is working with energy suppliers to reduce charges to businesses, charities and public sector organisations to less than half the wholesale prices anticipated this winter.

A cap of £211 per MWH for electricity and £75 per MWH for gas has been introduced, something that businesses had been hoping for as soon as a scheme was hinted at earlier in the month when Prime Minister Liz Truss had announced help for households. Companies did not previously benefit from any cap on energy bills, with many seeing their running costs skyrocketing for this reason.

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