Written Question
Monday 27th February 2023
Asked by:
Ben Everitt (Conservative - Milton Keynes North)
Question
to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will keep the Energy Business Discount Scheme under regular review to ensure it provides (a) support for businesses and (b) medium to long-term certainty on support so that businesses are able to plan ahead.
Answered by James Cartlidge
- Shadow Secretary of State for Defence
The new Energy Bills Discount Scheme (EBDS) will provide all eligible businesses and other non-domestic energy users across the UK with a discount on high energy bills until 31 March 2024, following the end of the current Energy Bill Relief Scheme. It will also provide businesses in sectors with particularly high levels of energy use and trade intensity with a higher level of support.
Through the current scheme, the Government provided an unprecedented package of support for non-domestic users through this winter. The Government has been clear that such levels of support, unprecedented in its nature and huge scale, were time-limited and intended as a bridge to allow businesses to adapt.
The new EBDS provides long term certainty for businesses and reflects how the scale of the challenge has changed since September last year. This will help those locked into contracts signed before recent substantial falls in the wholesale price manage their costs and provide others with reassurance against the risk of prices rising again.
In the longer-term, Energy Intensive Industries (EII) will continue to be supported by the Government’s EII exemption and compensation schemes. In April 2022 the Government extended the compensation scheme for a further 3 years and more than doubled its budget. On Thursday 23 February, the Business and Trade Secretary Kemi Badenoch announced further measures (https://www.gov.uk/government/news/government-action-to-supercharge-competitiveness-in-key-british-industries-and-grow-economy) to bring the energy costs of the UK’s energy intensive industries in line with those charged across the world’s major economies. This is crucial to helping these businesses remain internationally competitive and will enhance the UK’s attractiveness as a destination for international investment as well as remove barriers to move us further towards greener technology as part of a sustainable net zero future.
We will continue to closely monitor energy prices in the coming months.
Speech in Commons Chamber - Tue 15 Nov 2022
Oral Answers to Questions
"9. What steps his Department is taking to promote economic stability. ..."Ben Everitt - View Speech
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Speech in Commons Chamber - Tue 15 Nov 2022
Oral Answers to Questions
"I was very grateful for the Chancellor’s time last week when he listened to feedback from businesses in Milton Keynes about the economic situation and the situation they are in. As well as support for households, businesses, schools and councils, the main thing that came through all the things I …..."Ben Everitt - View Speech
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Written Question
Friday 21st October 2022
Asked by:
Ben Everitt (Conservative - Milton Keynes North)
Question
to the HM Treasury:
To ask the Chancellor of the Exchequer, whether he has had recent discussions with representatives of firms across the vehicle leasing sector on the merits of extending the two per cent benefit-in-kind taxation rates for battery electric cars beyond 2024-25.
Answered by Felicity Buchan
HMT recognises the important contribution the company car market makes to electric vehicle (EV) take-up in the UK.
The Government has announced CCT rates until April 2025 to give certainty to fleet owners, manufacturers and company car drivers, and aims to announce rates at least two years in advance of the rates coming into effect.
Speech in Commons Chamber - Tue 11 Oct 2022
Oral Answers to Questions
"4. What fiscal steps he is taking to support investment in infrastructure projects. ..."Ben Everitt - View Speech
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Speech in Commons Chamber - Tue 11 Oct 2022
Oral Answers to Questions
"I am grateful for the investment in physical infrastructure, but those on the Treasury Front Bench will know that we need the skills for the future to deliver the jobs for the future to make that infrastructure investment sustainable. Will the Minister meet me to discuss the idea of MKU: …..."Ben Everitt - View Speech
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Speech in Commons Chamber - Wed 08 Sep 2021
Health and Social Care Levy
"It is a pleasure to follow my hon. Friend the Member for Bolsover (Mark Fletcher), who made a typically thoughtful and energetic contribution. There was much to agree with there.
My hon. Friend the Member for Bishop Auckland (Dehenna Davison) quoted the words, “To lead is to choose”, and here …..."Ben Everitt - View Speech
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Speech in Commons Chamber - Wed 08 Sep 2021
Health and Social Care Levy
"No—not cocktails!
We have to recognise that the simple option is not always the right one, and I look forward to the debates that will follow as this policy evolves.
As for the quantum and the period over which the revenue is spent, I must ask whether it is enough …..."Ben Everitt - View Speech
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Speech in Commons Chamber - Wed 08 Sep 2021
Health and Social Care Levy
"Absolutely. We need more providers in the market, but the market needs to be functioning for that to take place.
My hon. Friend made a very good point earlier about another aspect of how the money is spent. The £86,000 cap needs to be met and tweaked with a regional …..."Ben Everitt - View Speech
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Speech in Commons Chamber - Wed 08 Sep 2021
Health and Social Care Levy
"Does my hon. Friend, with his local government background, think that this policy will fit within a wider local government finance reform agenda?..."Ben Everitt - View Speech
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