End of Energy Bill Relief Scheme could be ‘final nail in the coffin’ for SMEs
SMEs could face more hardship as the Energy Bill Relief Scheme comes to an end, after the cost of living and energy crises led to over half a million insolvencies in 2022.
Despite the Treasury announcing it will extend the Energy Price Guarantee Scheme for three more months, capping typical energy bills at £2500 per year, it could still be bad news for SMEs in the UK.
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