Energy Prices and Inflation (Impact on Businesses and Jobs)

Part of the debate – in the Scottish Parliament on 21st September 2022.

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Photo of Ivan McKee Ivan McKee Scottish National Party

We monitor closely the impact and we know that the effects are felt by traditionally energy-intensive industries and small businesses. We have engaged extensively with businesses and we support their calls for measures on energy prices, VAT reduction, staff shortages and handling business loans, which all fall within the reserved powers of the United Kingdom Government. Although the UK Government’s long-anticipated announcement this morning is welcome, it comes too late for many businesses across Scotland that are already struggling to pay bills. The UK Government needs to do more, and we have written to it to request an urgent quadrilateral meeting.