Energy Prices: Support for Business

Mark Pawsey Excerpts
Thursday 22nd September 2022

(1 year, 7 months ago)

Commons Chamber
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Jacob Rees-Mogg Portrait Mr Rees-Mogg
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The businesses that write can implement their own energy-efficiency measures—that is what businesses do. It is a sensible investment for them, because if they become more energy-efficient, they will save cash on their energy bills. We also need more secure and cheaper supplies of gas, which is why we are going to issue more licences and why we are looking at shale gas. It is really important that people have confidence that gas will flow through the pipes and into their boilers so that they can heat their homes during this and succeeding winters.

Mark Pawsey Portrait Mark Pawsey (Rugby) (Con)
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At a time when they are facing substantial increases in a key cost of operating, businesses across the UK have welcomed the measures and, in particular, the speed with which the Government have responded. Did the Secretary of State see the remarks made by Kate Nicholls of UKHospitality, who praised the inclusiveness of this scheme, with it bringing in both small and large companies, and drew attention to how this is going to secure jobs in the long term?

Jacob Rees-Mogg Portrait Mr Rees-Mogg
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I am grateful to my hon. Friend for his question. It is fundamentally important that we have a rapid scheme that protects as many businesses as possible, because the increase is so extreme that, on an immediate view of it, it was hard to see any business that would find conditions easy. Therefore, we had to act quickly and universally, and I am grateful for his support and that of the hospitality industry.