Energy Bills Crippling Small Biz: What’s the Scoop?
Millions of small businesses are now staring at their energy bills like a friend who’s just revealed their secret loan. While the new 12‑month support package sounds like a win, the reality feels more like a lukewarm cup of tea.
The 12‑Month Support Package
- Announced as a “broad safety net” for businesses with soaring energy costs.
- But the help coming in feels insufficient – a thin pat on the back in a fever‑ish storm.
- Post‑March, many owners worry that the program will shrink again.
Business Voices: Frustration and Real‑World Impact
Michelle Ovens, founder of Small Business Britain, argues: “After March, we expected a stable scenario, but the new plan does not seem to provide that assurance. Small businesses are rightfully concerned about a sudden rollback.”
Gareth Miller, chief executive of Cornwall Insight, adds: “The thresholds for the Energy Bills Discount Scheme (EBDS) are much stricter now, which means businesses will face far greater price pain before any relief.”
- Many pubs, previously receiving £3,100 monthly support, will now get only £190 – a blow that’s hard to absorb.
- Trade associations report a mix of disappointment and skepticism.
Impact on Hospitality and Other Sectors
Kate Nicholls, UKHospitality chief, warns: “Without dedicated support for hospitality, this sector will struggle. It’s high time the government explored alternative ways to help.”
What’s Next? A Call to Action
- Helps should be reviewed and made more accessible.
- Sector‑specific support plans could provide a lifeline.
- Stakeholders must push for realistic, solvable solutions.
In a world where energy costs are rising faster than a plot twist in a thriller, small businesses need more than whispers of hope. They want solid, dependable assistance that sticks around.
