16/10/2026
The CBI has released a statement ahead of the upcoming Autumn Budget which urges the government to back business to ‘unlock investment and power prosperity’ by providing ‘breathing space’ against the pressures currently facing UK businesses and risks of lower investment, fewer jobs and weaker growth.
The statement includes six recommendations, one of which is the need to cut business electricity costs through removing policy costs from non-domestic energy bills as well as the electricity element of the Climate Change Levy which is set to be introduced in April 2027.