Support for businesses facing rising energy costs unveiled

The video discusses the significant rise in energy costs affecting businesses, with some sites experiencing bills up to seven times higher than a few months ago. Businesses face challenges in passing these costs to consumers without losing them, leading to incremental price increases and cost absorption. The need for government intervention is emphasized, particularly regarding an energy cap and funding, as businesses struggle with high out-of-contract rates and uncertainty about future support.

What were the previous and current rates businesses are paying for energy?

Why might the timing of government funding be critical for businesses?