Chancellor to announce plans to lower level of support for businesses, hospitals, schools and charities from March
Jeremy Hunt has confirmed that he will announce plans to reduce energy support for businesses in the Commons next week, telling industry leaders it was “unsustainably expensive”.
The chancellor has told business groups that a package providing support at a “lower level” than current measures would be available to them beyond March, promising to avoid a “cliff edge” in curtailing the subsidy.
