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Energy bills to be capped for businesses at “less than half” anticipated winter levels
This support will be equivalent to the Energy Price Guarantee put in place for households.
"We have seen an unprecedented rise in energy prices, which has affected consumers up and down the country and businesses of all sizes," said Business Secretary Jacob Rees-Mogg.
The government has announced that wholesale energy prices for businesses will be capped at "less than half" their anticipated winter levels in a new support package, reports The Manc.
With the rising cost of living crisis continuing to make its impact felt nationwide, the government has this morning unveiled its Energy Bill Relief Scheme - which is set to provide a discount on wholesale gas and electricity prices for all UK businesses, the voluntary sector, and the public sector, whose current gas and electricity prices have been "significantly inflated" in light of global energy prices.
The government says the relief scheme is aimed at "supporting growth, preventing unnecessary insolvencies, and protecting jobs".
This support will be equivalent to the Energy Price Guarantee put in place for households.
Under the scheme revealed by the Department for Business, Energy and Industry, wholesale prices are expected to be fixed for all non-domestic energy customers at £211 per MWh for electricity, and £75 per MWh for gas, and will apply to energy usage from 1 October 2022 to 31 March 2023.
It will run for an initial six-month period, with a review set after three months to consider whether it should be extended, or to see whether specific sectors require more targeted support.
Speaking on the unveiling or the support scheme today, Prime Minister Liz Truss said: "I understand the huge pressure businesses, charities and public sector organisations are facing with their energy bills, which is why we are taking immediate action to support them over the winter and protect jobs and livelihoods.
"As we are doing for consumers, our new scheme will keep their energy bills down from October, providing certainty and peace of mind.
"At the same time, we are boosting Britain’s homegrown energy supply so we fix the root cause of the issues we are facing and ensure greater energy security for us all."
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"We have seen an unprecedented rise in energy prices, which has affected consumers up and down the country and businesses of all sizes," said Business Secretary Jacob Rees-Mogg.
"The measures we are taking to boost the amount of domestic energy we produce to improve both energy security and supply, will increase growth, protect jobs and support families with their cost of living this winter."
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News
A boutique house and disco music festival is coming to the grounds of Harewood House this summer
Clementine Hall
After welcoming around 4,500 attendees in its first year, the intimate house and disco festival is coming back.
Goodlife, held in the beautiful grounds of Harewood House, has fast established itself as one of the region’s most exciting new music events.
After its huge success last year, Goodlife will be back this year even bigger and better than before with a capacity ready to welcome 12,000 festival-goers.
The festival will take place on Saturday 6 June, and the lineup is already stacked.
The Main Stage will host an incredible line up of house music heavyweights including Armand Van Helden, Groove Armada, Alison Limerick, Roger Sanchez and Inner City (Live).
The Downtown Disco Stage will once again bring its signature blend of soulful house to the fields of Harewood House with artists announced including The Shapeshifters, Craig Charles, Michael Gray and Ian Ossia.
This year sees a brand-new stage being thrown into the mix called The Goodlife Tavern that will celebrate Yorkshire’s thriving DJ scene, showcasing local artists and shining a spotlight on regional talent.
Artists performing at The Goodlife Tavern will include Darren Cross, Smudged Soul, Alex Malam, Emiiyuu, Kavita, PJ Gardner and Lee Wright.
Liam Hardy, co-founder of New Vision Events, said: "The response to Goodlife’s first year was incredible and we’ve been stunned by the extremely high demand for tickets for this years’ event so far. We always believed there was room for a dedicated house and disco festival in the region, but the atmosphere and support from the crowd last year completely exceeded our expectations.
“For 2026 we wanted to take things up a notch and create something even better. Introducing a third stage allows us to bring more artists to the festival and showcase some amazing local talent, while the increased capacity means even more people can enjoy the Goodlife experience."
Goodlife Festival takes place on Saturday 6 June and you can buy your tickets here.
Read more: Leeds Festival announces second wave of artists including Skepta b2b set
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News
Plans for Leeds Kirkgate Market ‘container village’, STACK, take huge step forward
Clementine Hall
A planning application has been submitted for a ‘container village’ attraction at Leeds Kirkgate Market.
It was submitted today, Friday 27 March, by STACK Leisure - a company that already runs popular food, drink and entertainment hubs in Lincoln, Middlesbrough, Newcastle and Sunderland.
The proposed STACK Leeds venue would be a two-storey structure made up of repurposed shipping containers, located in Leeds Kirkgate Market’s outdoor trading area.
It would feature six bars, eight street food outlets, a coffee shop, a large stage for live entertainment and giant digital screens.
The development is expected to increase footfall and broaden the customer base across the market and would also benefit the wider city centre and its existing hospitality businesses.
Neill Winch, chief executive of STACK Leisure, said: “We know from our previous experience that once STACK opens it brings huge economic benefits to the wider area.
“It will turn a spotlight on the Leeds Kirkgate Market area and bring in greatly increased footfall, not just to STACK Leeds but to both the indoor and outdoor market. One of the many reasons we are successful is because we offer something for everyone – we are family friendly, pet friendly and our entertainment programme is designed to have widespread appeal.
“It is important for us to become part of the local community and celebrate it, while supporting independent businesses at the same time. We firmly believe that STACK Leeds will be a huge asset to the city and we look forward to moving on with the scheme.”
Kikgate Market’s outdoor trading area currently has room for a total of 185 stalls, with around 85 of those being filled.
Should STACK Leeds secure planning approval, the number of pitches would be reduced and the freed-up space used as the location for the scheme.
Read more: Three of the most exciting new openings coming to Leeds this spring
Featured image - Supplied