UK says energy bill support package must not deter investment

Published by
Reuters UK

By Muvija M and William James LONDON (Reuters) -Britain must pay for increased support to households in a way that does not deter investment, Cabinet Office minister Steve Barclay said on Thursday ahead of an expected announcement of new measures to cope with rising energy bills. Facing intense political pressure to provide more support for billpayers coping with what opponents and campaigners have called a cost-of-living crisis, finance minister Rishi Sunak will give a statement to parliament setting out details of the government’s response. “In terms of paying for that, as we look at the bal…

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