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UK companies call for more details over energy support cliff-edge

Businesses welcome government help but say lack of clarity over its reach risks hitting investment

Ministers have been urged to extend help for UK businesses struggling with soaring energy costs beyond the six month cliff-edge set out under the terms of the government’s £150bn support package on Wednesday.

Companies said the energy subsidies would remove the threat of skyrocketing bills in October, when many were facing contract renewals.

But bosses added that the lack of clarity about what would happen beyond six months risked hitting business investment. Support for households, by contrast, runs for two years.

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