Energy Prices: Support for Business

Patrick Grady 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 degree of certainty that is being offered is greater than in a normal year. We are saying that what will happen will be announced after the three-month review has taken place, in plenty of time for 1 April. Normally, local authorities are dependent on the vicissitudes of the market.

Patrick Grady Portrait Patrick Grady (Glasgow North) (Ind)
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Bars, butchers and other small businesses I have spoken to in Glasgow North are already operating on the tightest of margins. If they go out of business, that has a knock-on effect across the local economy, so the poverty rate spirals up rather than wealth trickling down. What assurances can the Secretary of State give these businesses, rather than simply pushing the cliff edge further down the road?

Jacob Rees-Mogg Portrait Mr Rees-Mogg
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I think we have given a very substantial assurance this morning.