Business Cost of Living Support

Business Cost of Living Advice

We have been looking at the different options that could support residents in the district with the Cost of Living crisis. If you would like to see what is available, please visit our Cost of Living Support Hub.

We are aware that the cost for businesses have also soared and continue to do so, therefore we have gathered a list of help available below if you are struggling as a business.

Energy Advice

Gov website will provide you with the details on the 6-month energy support scheme including timescales and eligibility.
Low Carbon Workspaces energy efficiencies grant scheme can help businesses match fund any energy improvement schemes that will reduce carbon footprint.
Citizens’ advice for small businesses contains information on switching suppliers, business debts and scams.
Ofgem business energy advice can support business with how energy contracts work and what to check when choosing a tariff or supplier, or using an energy broker.

Financial advice and support

Recovery Loan Scheme - Government backed loans – extended Aug 2022
Business Debt line – free debt advice over the phone + cost of living advice
British Business Bank – specific advice around lowering costs and raising finance

Employees

Guidance from CIPD (HR body) on offering rewards to employees to handle raised costs.
KPMG published an article on how to support your employees during the Cost of Living crisis.