Energy support scheme – Dorset Chamber comment

Ian Girling, chief executive of Dorset Chamber, said: “The new deal on energy support offers cold comfort for businesses in Dorset.

“Although continued assistance and the 12-month duration of the scheme is welcome, the 85% drop in the financial envelope of support will fall short for those who are seriously struggling – and these costs are significant enough to cause the closure of businesses.

“Clearly, the Government must consider the public finances but the correct level of support must viewed as an investment in business to help turn the economy around and get the UK back to growth and prosperity in in a critical year ahead.

“In the short to medium term the Chancellor must be ready to intervene with additional assistance should it be required while long-term solutions must be considered as a matter of urgency.

“This must include reform of the business energy market, including the potential strengthening of Ofgem’s powers, as part of an energy strategy to promote longer-term market stability and ways to allow firms to improve their energy efficiency.
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“Dorset Chamber will continue to provide support for businesses in the county and support the British Chambers of Commerce in its lobbying of the government.”