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<p>The Government recognises the impact rising prices are having on businesses, including those in Edmonton and is engaging with businesses across the UK to understand these challenges and explore ways to mitigate them.</p><p> </p><p>The Government has reversed the National Insurance rise, saving SMEs £4,200 on average; cut fuel duty for 12 months; raised the Employment Allowance to £5,000 and introduced the Energy Bill Relief Scheme which is shielding businesses across the country from soaring energy prices, saving some around half of their wholesale energy costs.</p><p> </p><p>We have also announced £13.6 billion of support for businesses over the next five years, reducing the burden of business rates for SMEs.</p> |