The Director of Policy at Business West has responded to the Government's energy price guarantee announcement.
Matt Griffith said: “Business West warmly welcomes protection for households in our region from 1 October and is relieved that equivalent protection has been promised for business customers for this coming winter.
“We await detail about how this will work in practice for firms in our region and what happens to bills beyond the initial SIX-month period if prices remain high. Businesses need long term market regulation to provide certainty and stability to support their otherwise viable operations.
“We want to encourage members and concerned businesses to get in touch with us. This will ensure we represent and speak for businesses like yours in our work directly (and through the British Chambers of Commerce network) with key decision makers, such as Ministers, MPs, and the Bank of England.
“Our current Quarterly Economic Survey is asking businesses to tell us what the new Prime Minister can do to support them during this crisis.”
Business West's website is www.businesswest.co.uk