What steps his Department are taking to help support hospitality businesses in managing cost pressures from energy costs.
The Government believes that our mission to deliver clean power by 2030 is the best way to break our dependence on global fossil fuel markets and protect billpayers permanently. The creation of Great British Energy will help us to harness clean energy with less reliance on volatile international energy markets and help in our commitment to make Britain a clean energy superpower by 2030. In the short-term, the Government wants to provide businesses with better protection from being locked into unfair and expensive energy contracts, and more redress when they have a complaint. That’s why the Government has decided to regulate Third-Party Intermediaries (TPIs), such as energy brokers. This will improve consumer outcomes and enhance consumer protections for non-domestic consumers, particularly charities and small businesses. Regulation will be introduced once parliamentary time allows.