‘We won’t be here for long’: UK firms fear the worst as energy bill support ends

Bills could rise by as much as 133% when new cap is introduced this weekend, say analysts

Thousands of small businesses risk going bust as “brutal” energy bills are to double with the end of a government support scheme from this weekend.

Companies are braced for an increase in energy costs as the government’s support for non-household energy bills falls away, and many fixed rate deals come to an end. The combined impact could drive energy bills for many companies up by as much as 133% , according to analysts at the consultancy Cornwall Insight.

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