Submitted by Tom McGlynn on Monday 19th June 2023
Published on Friday 23rd June 2023
Current status: Closed
Closed: Saturday 23rd December 2023
Signatures: 89
Grant more financial aid to businesses with high energy costs
We want the UK Government to provide greater financial aid to businesses that are struggling with high energy costs. Current measures aren't enough.
Many businesses are on fixed-term, high-cost energy contracts, which prevents them from adopting new technologies and responding to changing market conditions, hampering their competitiveness and growth potential. It is in the interest of the economy to support businesses and keep them from being forced to close simply because they agreed a contract when the market was at its highest, and the current level of support either doesn't apply to them or is not enough.
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