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Birmingham Post
Birmingham Post
Business
Lauren Phillips

Welsh firms welcome energy bill support but say more help is needed

Welsh businesses have welcomed the UK government's energy bill support but said more help is needed. The government announced its Energy Bill Relief Scheme to help firms facing soaring costs this winter.

The support sees an energy price cap for all businesses from 1 October until April 2023, cutting the expected wholesale price in half. Businesses will not need to apply for the subsidy as the discount will be automatically applied to their bills from next month.

The cap will apply to other non-domestic settings such as hospitals, schools and churches. However, PM Liz Truss said shops and pubs would benefit from support with their energy bills beyond the initial six-month scheme.

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