The Guardian Australia – Business
·business
·2 hours ago
Chancellor Rachel Reeves expands support scheme for businesses facing energy costs
Chancellor Rachel Reeves announced an expansion of the British Industrial Competitiveness Scheme, set to support over 10,000 UK businesses facing soaring energy costs due to the Iran conflict. The scheme, which will cut bills by up to 25%, will only operate next year but will be backdated to this month. Critics urge for immediate relief amid rising costs.
Summary by Glance · The Guardian Australia – Business
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