Free Trial

Chancellor-Gov't To Announce New Business Energy Aid Bill In 2023

UK

Chancellor of the Exchequer Jeremy Hunt confirms to the House of Commons that the UK gov't will announce a new Business Energy Aid bill in 2023. Comes after the news yesterday that the gov't would be delaying the announcement of its strategy on supporting businesses with the high cost of energy bills until the new year.

  • Following yesterday's delay Kate Nicholls, boss of UK Hospitality, stated "Disappointing news that government has also postponed announcement on future energy support until the New Year rather than before Christmas as previously announced. Businesses are facing daily changing rates and contract decisions in Jan so certainty was really needed."

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.