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14 Nov 2023

The ACT is urging any cycling retailers affected by technical issues being reported with the 'buy now, pay later' app Klarna to consider whether they may be better served by switching to an...

9 Nov 2023

Cytech has been named as the provider of Best Retailer Services in the 2023 BikeBiz Awards, recognising the positive impact of its service to the cycling industry. More than 25,000 Cytech...

2 Nov 2023

The Association of Cycle Traders (ACT) and the Bicycle Association (BA), the two cycle industry trade bodies in the UK, have issued a joint response to the initiative of the Electrical Safety...

2 Nov 2023

Cytech, the internationally recognised training and accreditation scheme for bicycle technicians, has relaunched its Cytech theory one online learning course delivering an introduction to...

30 Oct 2023

Colchester has introduced an electric bicycle scheme in a bid to encourage short journeys without relying on cars with pay-as-you-go electric cargo bikes now available to hire.

30 Oct 2023

A new academic study has concluded that riding a bike, rather than driving a car, is positively associated with “orientation towards the common good”.

30 Oct 2023

The government has confirmed it has no plans for cyclists to be subject to compulsory registration.

30 Oct 2023

A few years ago Charlotte Florence’s dream trip to Costa Rica quickly turned into a nightmare after a quad bike crash, leaving her paralysed face down in the jungle.

18 Oct 2023

Hubtiger, a leading cloud-based repair and rental management software, announces an expansion of its services with the release of a new feature: Long-Term Rentals.

17 Oct 2023

A survey of 1,038 work commuters (363 urban bike commuters and 675 non-biking commuters) in the US conducted by ebike.org  has explored if there’s a difference in the mindsets and...

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Government Energy Support Package for Businesses

Posted on in Business News , Cycles News

The new Prime Minister Liz Truss has announced the much-anticipated support plan to help households and businesses cope with rising energy costs.

The Prime Minister announced a £2,500 annual energy price cap for two years from start of 1st October for consumers and a new six-month scheme for businesses which will provide equivalent support to that being offered to consumers.

This figure takes account of the removal of green levies and will replace the existing energy price cap. This means that businesses will see their energy costs capped at the same price per unit - or kilowatt hour (kWh) - that households will pay under the government's new plans. This support for businesses will be reviewed by Business Secretary Jacob-Rees Mogg within three months time to identify where more targeted support should be given.
 
The Prime Minister also announced two new reviews to improve the UK’s energy security. The first is a review of energy regulation that will focus on addressing long-term supply and affordability of energy, while the second will be a review of how the government can reach net zero in a way that is pro-business and pro-growth.


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