Salisbury Business Improvement District

Energy Resources

Salisbury BID join #BusinessSOS Campaign

Salisbury BID are backing the #BusinessSOS campaign, founded by organisations representing over 150,000 retail, leisure, hospitality and tourism businesses warns harm caused by the spiralling energy crisis is superseding the pandemic with the potential to cause irreversible damage to UK high streets and the economy.

We are calling on the Government to deliver support to our retail, hospitality & leisure businesses so they have every chance to survive following the rise in energy costs.

Our business communities need:

  • A reduction in VAT headline rate from 20% to 12.5% and business energy bills from 20% to 5%
  • 100% business rate relief until 31st March 2023
  • Energy rate relief on all business energy bills

They need action and they need it now.

Read more here: https://bit.ly/3ytjRhY

New support for households, businesses and public sector organisations facing rising energy bills in Great Britain and Northern Ireland has been unveiled by Business Secretary Jacob Rees-Mogg today (Wednesday 21 September) – supporting growth, preventing unnecessary insolvencies and protecting jobs.

Through a new government Energy Bill Relief Scheme, the government will provide a discount on wholesale gas and electricity prices for all non-domestic customers (including all UK businesses, the voluntary sector like charities and the public sector such as schools and hospitals) whose current gas and electricity prices have been significantly inflated in light of global energy prices. This support will be equivalent to the Energy Price Guarantee put in place for households.

Business energy prices to be cut by half expected levels

Energy bills for UK businesses will be cut by around half their expected level this winter under a huge government support package.

The scheme will fix wholesale gas and electricity prices for firms for six months from 1 October, shielding businesses from crippling costs.

Hospitals, schools and charities will also get help, the government said.

It comes after ministers announced a multi-billion pound plan to help households with bills for two years.

Analysts suggest the help for firms and households combined could cost up to £150bn.

Read more at https://bbc.in/3SNI9vm