LOGISTICS UK is raising concerns about the impact of reduced Energy Bill Support for businesses and the risk that a steep rise in fuel duty this spring could place on green investment.
Responding to the news that the sector’s future energy bills could be impacted by a less than favourable discounted rate when the current energy bill scheme is curtailed, Kate Jennings, the organisation’s policy director, has urged government to use its upcoming Spring Budget to recognise the role the sector plays in driving every part of UK plc.
“The current energy bill scheme, capping the unit cost of gas and electricity for all businesses, provided much-needed certainty for our members. However, the significantly lower discounts to be applied from the new scheme from 1 April 2023 will be detrimental to further growth and investment for the future, and could even result in business closures,” she said.
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