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Worcester Bosch welcomes energy bill support in Autumn Budget

Summarised from 2 outlets · Updated 28 Oct, 16:50 · Archive

Worcester Bosch has welcomed Budget measures to reduce pressure on household energy bills.

Worcester Bosch has welcomed measures announced in the Autumn Budget aimed at reducing pressure on household energy bills. Chancellor John Healey announced that around 20 million households will receive £100 from the Government this winter.

Ed Thomas, head of government and external affairs at Worcester Bosch, said direct support for energy bills, alongside an extension of the VAT zero-rating, would help households facing higher costs. However, he warned the measures would only limit, rather than completely prevent, an expected rise in energy costs over the coming months. Mr Thomas said: 'The Chancellor's announcement of direct support on energy bills will help many households. Paired with his extension of the VAT zero-rating, these interventions will help restrain the expected rise in energy costs over the next few months, although they will not eliminate it.'

Mr Thomas also welcomed the proposed Cost Control framework and the announcement that 'green levies' would be removed from bills and instead funded directly by the Government. He said the Chancellor's stated ambition to bring energy costs in line with those in Europe could prove more significant in the long run, adding that 'If he can deliver this, the Chancellor will have made an impressive achievement.'

Worcester Bosch welcomes energy bill support in Autumn Budget
Image: Malvern Gazette

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In this story: Worcester Bosch · Ed Thomas · John Healey · Europe

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