BBCNEWS BBC News at Six June 4, 2024 17:23:00
To cut working hours, and possibly lay off staff and scale back investment due to high energy bills, as government financial support is being reduced from tomorrow. the government says it can no longer afford to finance the current energy price cap for businesses. here's our business editor, simonjack. the cost of energy hit record highs last year, and the government stepped in with subsidies. that support is slashed from tomorrow, which means shaf islam will revert to a deal he agreed to at the beginning of this year, since when prices have fallen. in 2021, his bill was £1,000 per month. for...