Rishi Sunak to extend energy bill support for all businesses

Prime Minister Rishi Sunak is set to sign-off on the extension, however it is expected that most businesses will be given a smaller discount on their energy bills from April.

The Sunday Times reports that Sunak will agree to a package of between six and 12 months for all firms, but with extra support given for sectors that need to use more energy.

t had previously been announced by the government that industries that require high amounts of energy – like hospitality and manufacturing – would receive help beyond the 20 March deadline.

Hunt said during his autumn statement that the costs of the current package were “not sustainable” and that support would be “much lower” for firms receiving help beyond March.

The current energy support package, which runs out on 20 March, cost the government £29bn.

Read more at City A.M.