Reeves gives more energy bill support to businesses as Iran war pushes up costs
Scheme cutting bills by up to 25% expanded to cover 10,000 firms, but they will not be paid until next yearRachel Reeves has announced an expansion of support for the...
By Heather Stewart and Richard Partington in Washington · The Guardian World
Scheme cutting bills by up to 25% expanded to cover 10,000 firms, but they will not be paid until next year Rachel Reeves has announced an expansion of support for the most energy-intensive UK businesses, as they face soaring bills as a result of the Middle East conflict. The chancellor said the long-promised British Industrial Competitiveness Scheme (BICS) would be expanded to cover 10,000 companies, up from the 7,000 originally announced. Continue reading...