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"That means taking difficult decisions to bring down inflation while giving as much support to families and business as we are able." The finance ministry has been looking at ways to pare back the energy support packages as it tries to stabilise the nation's public finances after the political and economic turmoil under former Prime Minister Liz Truss's short-lived government. The government said most businesses would receive a discount on their energy bills of up to 6.97 pounds per megawatt hour (MWh) for gas and 19.61 pounds per MWh for electricity between April 2023 and March 2024.

United kingdomGareth staceJeremy huntMartin mctagueBritain federation of small businessesPrime minister liz trussSmall businessesChair martin mctagueKingdom steelKingdom steel director general gareth stace