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Birmingham Post
Birmingham Post
Business
Lauren Phillips

Welsh trade bodies criticise "bitterly disappointing" decision to slash energy bill support

Trade organisations in Wales have expressed their disappointment at the reduced energy bill support scheme for businesses, announced by the Treasury earlier this week.

On Monday evening, the UK Government announced financial aid would be extended for another 12 months from the start of April this year to the end of March 2024 - but the amount available to business owners will be much less.

Ministers said that non-domestic customers – which include businesses, charities and schools, among others – would get up to £6.97 taken off their energy bills for every megawatt hour (MWh) of gas they use. Electricity bills will also be discounted by up to £19.61 per MWh.

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