Electricity rates for businesses could be halved under government plans.
Business secretary Jacob Rees-Mogg will outline support on Wednesday, which could cut the non-domestic rate for electricity by 50% and the gas rate by 25%.
One of the UK’s leading pub chains has said it expects its energy bill to more than double, unless the sector receives government support.
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Including:
The Co-operative Bank provides £16.2m to waterfront development
Industry leaders are reassured by the likelihood of the sector falling outside of policy changes
Company is monitoring “market volatility”
CFO Shaw will step into top post next year
