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Federation of Small Businesses in the North East "remain concerned" despite latest announcement of support


By Ewan Malcolm

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THE Federation of Small Businesses (FSB) in the North East "remain concerned" despite an announcement of support today.

Business Secretary Jacob Rees Mogg announced support for businesses.
Business Secretary Jacob Rees Mogg announced support for businesses.

Business Secretary Jacob Rees-Mogg announced that businesses are to receive support with energy costs.

Responding to the announcement, Mike Duncan, Development Manager for FSB in the North East, said that the support was "welcome" for businesses but that it must continue beyond the initial six months.

“It’s hugely welcome to see some tangible support for Scotland’s small firms," Mr Duncan said.

"We have all heard about local businesses being pushed to the brink by spiralling energy costs, and for many, this support cannot come too soon.

"And for our rural businesses in Moray and Aberdeenshire, the promise of equivalent support for those using heating oil is also welcome.

“However, we remain concerned that there is no mention of a cap on rises to standing charges, and questions remain about what happens when the six months of support runs out. We can’t have businesses simply falling over a cliff in the spring if this relief is withdrawn.

"The ball is now in the energy providers’ court. We expect them to pass on the benefit of this package in full and, as a matter of urgency, provide updated bills and quotes to each small business customer.

"At FSB, locally and nationally, we will be watching closely to ensure this support leads to a genuine, significant reduction in bills. We continue to work on behalf of our members to further reduce the financial burden they face during this difficult time."

The full announcement can be found here.


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