Liz Truss needs to get a move on with help for small businesses – Scotsman comment As small businesses find themselves caught in Catch-22 that threatens bankruptcy for some – unable to increase prices because hard-pressed consumers will stop buying, but forced to pay sky-high prices for raw materials and energy – the UK Government s
Businesses may face weeks of delay over energy bills support, No 10 says
Downing Street says companies will receive backdated payments if scheme is not in place by 1 October
Businesses to learn next week how the government will help with energy bills
The six-month assistance scheme announced last week has turned out to be more complicated than the scheme for consumers, as businesses are not covered by the energy price cap.
No10 admits energy bill help for businesses could take weeks - and be backdated
The scheme will 'support businesses with their October energy bills' but that could involve 'backdating if necessary', the Prime Minister's spokesman said
British firms warned of delay in energy bills support, reports say
Businesses may have to wait until November, although package could still be activated next month
Businesses to get backdated support for energy bills if scheme delayed
Some firms have raised concerns at the prospect of having to wait several weeks longer than households for equivalent support.
‘We cannot wait three months in limbo’ – Small businesses react to energy plan
It comes after warnings earlier this week that tens of thousands of UK businesses could be forced to fold due to energy price hikes.
Energy bills for companies to be capped to prevent pub closures
But three business owners hit back, saying six-month pledge fails to provide long-term support