Energy-intensive firms to get electricity bill help

Businesses that use high levels of energy are to get more support from the government for electricity costs.

The support comes as firms and households are being hit by higher energy bills, driven by soaring global wholesale gas prices.As well as steel manufacturers, other energy-intensive industries such as paper factories will also receive the cash. He said the government wanted to "keep the UK at the forefront of manufacturing" and said the bill would help energy-intensive industries employing thousands of people "remain competitive and sustainable for the long term".

Too little too late for the small business I work for 🤷🏻‍♂️ £1700 on electricity alone per month. Zero help throughout COVID. Too late. Now we’re all soon to be jobless. The Conservatives have abandoned industry in this country and we’re all losing our jobs now.

Hang on. So this government will give our money to businesses that are struggling due to vastly inflated prices, yet won’t tax the businesses that are profiting enormously from those same vastly inflated prices? This magic money tree sure does have some strange rules.

Looney Left again believing that there's a magic money tree. If you don't back business and they fail, you can't employ, thus people can't pay their taxes / N.I. that help fund those who need support. Basic really.

Umm ... OK.

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rishi Sunak Says It Would Be 'Silly' To Help Families With Their Energy Bills NowBut the chancellor said more assistance will be provided to householders in the autumn if the cost of living continues to soar. When you think he can't be any more of a c*nt he ups his game. Does he include his own family with that statement given MPs were given an extra two grand to help them cope with the rises?
Source: HuffPostUK - 🏆 108. / 51 Read more »

Energy bills: Intensive industry users secure more financial support amid record costsThe cost of battery production is to be supported for the first time under the compensation scheme, designed to maintain competitiveness at a time when electricity bills are soaring. Cost of living crisis for so many people.
Source: SkyNews - 🏆 35. / 67 Read more »

Martin Lewis reveals whether to fix energy bills amid new price hike predictionsMARTIN Lewis has revealed whether you should fix your energy bills now ahead of further price hikes this year. The money saving guru said the energy price cap is predicted to rise 32% to £2,600 in …
Source: TheSun - 🏆 64. / 61 Read more »

Newspaper headlines: Tory MP's 'porn shame' and 'fear of energy crisis'Claims a senior MP was seen watching porn in the Commons and soaring gas prices in Europe lead the papers They’ve overseen a near decade of wage decline. They don’t care about the cost of living crisis. If they did they wouldn’t have overseen the surgery rise in tax for individuals in 70 years THIS is the TRUE COST of London rule... ScottishIndependence indyref2 INDEPENDENCE is NORMAL... ScottishIndependence indyref2
Source: BBCNews - 🏆 3. / 97 Read more »

Russian gas/Poland: energy war slips toward mutually-assured debilitation\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT. It is time for modular nuclear reactors using proven technology such as IMSRs smr NuclearEnergy cleanenergy
Source: FT - 🏆 113. / 51 Read more »

Rishi Sunak threatens energy firms with windfall taxRishi Sunak has told the cabinet that interest rates are expected to increase to 2.5% over the next year as he warned ministers against borrowing more to fund public spending Didn't he do well ? £1000 per head function, non dom tax rate, nice little grant for the wifey, missed out on the cuddly toy.
Source: The Times - 🏆 71. / 59 Read more »