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Birmingham Post
Birmingham Post
Business
Sam Blewett and Holly Williams, PA & Hannah Finch

Scaled-back energy bill relief scheme for businesses set to be announced today

A scheme to support businesses with their energy bills will be announced later today (Monday January 9).

The existing level of support is expected to be significantly cut from April this year after Chancellor Jeremy Hunt warned existing spending is “unsustainably expensive”.

The package will be announced to MPs, with the current cap on the unit cost of electricity and gas for firms set to expire at the end of March and businesses desperate for details of ongoing help.

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