Small Businesses: Energy

(asked on 2nd September 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to help support small and medium sized businesses with the increase in the cost of energy.


Answered by
Graham Stuart Portrait
Graham Stuart
This question was answered on 23rd September 2022

The Government announced a new six-month scheme – the Energy Price Guarantee for Businesses (EPGB) – to protect all businesses and other non-domestic energy users from soaring energy costs. It will offer comparable support to that being provided for consumers and more details will follow shortly. After this initial six-month scheme, the Government will provide focused support for vulnerable sectors, targeted to make sure those most in need get support.

The Government is also providing a 50% business rates relief for businesses across the UK and reducing employer national insurance.

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