Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Energy Bill Support Scheme will be extended in April, Chancellor Jeremy Hunt says

by December 14, 2022
December 14, 2022
Energy Bill Support Scheme will be extended in April, Chancellor Jeremy Hunt says

Jeremy Hunt has said the energy bill support scheme will be extended in April, with details to be set out “very shortly”.

The chancellor sought to “reassure” businesses feeling the pinch amid the cost of living crisis.

The government previously promised to pay a significant part of companies’ energy bills in September, but the support would become more targeted after six months.

It sparked concerns from many businesses about the end of the current support in April.

“I can reassure people that we will be continuing with support,” Hunt told Andrew Marr on LBC.

He said an announcement on the “precise details” will come “either just before or just after” Christmas.

It comes as a crossbench committee of MPs called for cost of living payments to people on means tested benefits to be spread out over next winter.

In a new report, the Treasury committee said payments totalling up to £900 should be divided across several months.

The committee highlighted eligibility “cliff edges”, where those who earn just £1 too much, or become eligible for a benefit a day too late, receive no support. This has consequences for fairness and work incentives, it said.

A public information campaign aimed at reducing energy use will start this weekend.

The government will urge Brits to save energy by turning down boilers and radiators.

Read more:
Energy Bill Support Scheme will be extended in April, Chancellor Jeremy Hunt says

0
FacebookTwitterGoogle +Pinterest
previous post
Fresh turkey prices rise 45% after shortages from bird flu outbreak
next post
Elon Musk loses title of world’s richest person to Bernard Arnault

You may also like

JPMorgan Chase Invests £40M to Empower Britain’s Disadvantaged...

May 14, 2024

UK Economic Growth Forecast Upgraded as Optimism Rises

June 6, 2024

Can You Have a Joint ISA Account? Everything...

March 28, 2025

How to Spot Roof Damage Before It Becomes...

May 20, 2025

Business group CBI reports new ‘criminal offence’ to...

April 21, 2023

Getting To Know You: Dr. Vidal J Bharath,...

February 16, 2023

Four Reasons CFOs Must Prioritize Email Security

June 20, 2023

UK wage growth edges back to 7.7% adding...

November 14, 2023

Westminster City Council offers SMEs rent-free Oxford Street...

July 19, 2023

Tax hikes blamed for slide in business confidence...

January 6, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

      June 7, 2025
    • Musk jokes about reconsidering stance on Big Beautiful Bill after Schiff’s praise

      June 7, 2025
    • Musk deletes explosive posts about Trump and Epstein files

      June 7, 2025
    • House witness flips script on Dem who ambushed him during hearing with unearthed tweet: ‘Iceberg is ahead’

      June 7, 2025
    • Call with China’s Xi, and Trump-Musk exchange fueled barbs during 20th week in office

      June 7, 2025
    • Trump’s conservative allies warn Congress faces critical ‘test’ with $9.4B spending cut proposal

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,568)
    • Stocks (3,136)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved