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Nominations open for British Business Awards 2023

9 May 2023

Nominations have opened for the 2023 British Business Awards.
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Independent retailers look to loyalty schemes to keep up with supermarkets

9 May 2023

Independent retailers are racing to keep up with rivals and retain customers as the battle for loyalty intensifies among supermarkets.
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Government urged to reinstate Tax Free shopping with UK Retailers missing out as sales surge across Europe

9 May 2023

The European retail sector has enjoyed its best month for international spending on Tax Free goods since the end of the pandemic after sales surged by 40% month on month in March 2023, taking... Read more…

Consumers feel protective of independent shops and want to support them for their ‘social good’

27 Apr 2023

New research has found that consumers feel protective of independent shops and want to support them for their ‘social good’.
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Worldwide retailers seeking new ways to attract shoppers as spending slows

26 Apr 2023

Europe's cost of living crisis has benefited discount retailers, but mid-market names are being squeezed as shoppers watch their spending, executives and analysts at an industry conference said... Read more…

Competition launches for indie retailers to win prizes to help with rising energy bills

25 Apr 2023

Birds Eye has launched a new competition to give ten independent retailers the chance to win a variety of prizes that will help them with rising energy bills.
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Retailers gets ready to share their Coronation windows

25 Apr 2023

Bromley in Kent is just one area in the UK where retailers and their customers are coming together to celebrate the Coronation on May 6th.
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Shop Watch scheme launched in Nottinghamshire town centre

13 Apr 2023

A project to enhance community safety and clamp down on shoplifting and anti-social behaviour across Kirkby in Ashfield has been launched by Ashfield District Council and Nottinghamshire... Read more…

Starmer launches five-point plan to breathe new life into high street

13 Apr 2023

Cutting business rates and energy bills, plus eradicating late payments are among measures in a new plan announced by Labour leader Sir Keir Starmer to “get our high streets thriving... Read more…

Government launches energy bill cut plan for small businesses

12 Apr 2023

The government has launched a new campaign aimed at helping businesses, charities and public sector organisations reduce their energy bills.
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Government Energy Support Package for Businesses

Posted on in Business News, Cycles News

The new Prime Minister Liz Truss has announced the much-anticipated support plan to help households and businesses cope with rising energy costs.

The Prime Minister announced a £2,500 annual energy price cap for two years from start of 1st October for consumers and a new six-month scheme for businesses which will provide equivalent support to that being offered to consumers.

This figure takes account of the removal of green levies and will replace the existing energy price cap. This means that businesses will see their energy costs capped at the same price per unit - or kilowatt hour (kWh) - that households will pay under the government's new plans. This support for businesses will be reviewed by Business Secretary Jacob-Rees Mogg within three months time to identify where more targeted support should be given.
 
The Prime Minister also announced two new reviews to improve the UK’s energy security. The first is a review of energy regulation that will focus on addressing long-term supply and affordability of energy, while the second will be a review of how the government can reach net zero in a way that is pro-business and pro-growth.


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