Energy price cap a lifeline for businesses but more details needed

Pig life buoy

With some businesses still recovering from Covid-19 pandemic, and now facing a new hit in the form of an energy price hike, the number of viable businesses taking out insurance could fall, but energy cap announced by Prime Minister Liz Truss could be a lifeline to some of the more vulnerable.

On 8 September, Liz Truss announced a new “Energy Price Guarantee” which will come into play from 1 October, capping the energy bills of typical UK household at £2500 for the next two years, saving an

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