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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
Major DJ has set cancelled as overcrowding concerns continue at Leeds Festival
Clementine Hall
After closing for the entire second day, The Warehouse stage at Leeds Festival has once again been forced to evacuate.
One of the most anticipated dance acts of the day has been cancelled due to health and safety concerns just moments before the set.
Sheffield DJ Silva Bumpa was due to take to The Warehouse stage today at 1:30pm, but the set was cancelled due to overcrowding.
It's not the first time this has happened at Leeds Festival 2026, as yesterday Omar+'s set was cancelled due to the same issue and the stage was subsequently closed for the rest of the day.
The Warehouse stage is completely new for this year, and supposedly is designed specifically for dance music...which is quite ironic.
Announcing the news to Instagram, Silva Bumpa said: "So so sorry Leeds Fest but due to over crowding my set was cancelled last min I was just behind the stage and got told right before such a massive shame."
Prospa, another prominent DJ who's set was cancelled at Reading on Friday afternoon, spoke up on the situation: "We are disappointed in The Warehouse stage closure at Reading Festival. We were told it wasn't possible to play whilst on the way. This was due to too many people outside the stage.
"We have seen this happen before at larger festivals in the UK. It's time to double the capacity of tents or put dance music on the main stage."
It comes after another dance stage, LS23, was closed mid-set last night due to a health and safety hazard when all the lights suddenly switched off and ravers were forced to evacuate.
If yesterday is anything to go by, we wouldn't be surprised if The Warehouse was closed for the rest of the day which means anticipated sets from Rossi and Mall Grab will also be cancelled.
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‘Actually lost for words’ – huge artist speaks out as Leeds Festival set is cancelled due to overcrowding
Clementine Hall
For the second day in a row, a huge set has been cancelled due to overcrowding at Reading and Leeds Festival.
Day two of the festival and there's some pretty disappointed ravers hanging their head as one of the biggest dance music sets of the day is cancelled.
Omar+, a rising British electronic DJ and producer, was due to play on the brand-new Warehouse stage at Reading yesterday and Leeds today.
Yesterday's set was cancelled last minute due to overcrowding, and low and behold the same has happened here in Leeds.
Announcing the sad news to his story, Omar+ said "Actually lost for words. My Leeds set has been cancelled due to overcrowding."
He then went on to show a screenshot of a text message, reading: "I've never seen something like this in my entire life where two shows back to back are cancelled due to overcrowding."
The Warehouse stage is completely new for this year, and supposedly is designed specifically for dance music...which is quite ironic.
Prospa, another prominent DJ who's set was cancelled at Reading yesterday, spoke up on the situation: "We are disappointed in The Warehouse stage closure at Reading Festival. We were told it wasn't possible to play whilst on the way. This was due to too many people outside the stage.
"We have seen this happen before at larger festivals in the UK. It's time to double the capacity of tents or put dance music on the main stage."
It comes after another dance stage, LS23, was closed mid-set last night due to a health and safety hazard when all the lights suddenly switched off and ravers were forced to evacuate.
Read more from The Hoot Leeds:
Featured image - The Hoot Leeds