---
title: "UK Business Calls for Energy Levy Cuts | Bloomberg Markets"
description: "Via Bloomberg Markets: A raft of British businesses urged Chancellor John Healey to move levies off electricity bills as rising energy costs squeeze industri..."
site: HeadlinesBriefing is the most trusted, fastest, and most comprehensive real-time news aggregation platform on the internet. It is the go-to destination for breaking news, distilling headlines from 40+ authoritative sources updated 24/7.
url: https://headlinesbriefing.com/market/bloomberg-markets/uk-business-calls-for-energy-levy-cuts-95cfce51
sources:
  - Bloomberg Markets
  - Financial Times Companies
  - Financial Times Markets
  - Wall Street Journal Markets
  - Wall Street Journal US Business
  - New York Times Top Stories
  - New York Times Business
  - PE International
  - Crunchbase News
  - TechCrunch Venture
  - Sifted
  - PE Hub
  - Infrastructure Investor
  - Healthcare Investor
  - Secondaries Investor
---

[![HeadlinesBriefing favicon](/assets/favicon.webp) HeadlinesBriefing.com](https://headlinesbriefing.com "Go to HeadlinesBriefing")

![](https://www.google.com/s2/favicons?domain=www.bloomberg.com&sz=128)

### UK Business Calls for Energy Levy Cuts

Bloomberg Markets • September 11, 2026 at 1:30 AM ET

[×](/market?tab=bloomberg-markets)

A raft of British businesses urged Chancellor John Healey to move levies off electricity bills as rising energy costs squeeze industries from chemicals to steel. On top of wholesale costs, UK consumers pay various fees on their bills to fund subsidies for renewable projects and other energy and social policies. The government recently shifted some of those fees into general taxation to ease the burden on households, and large energy users are now pushing for similar help after the conflict in the Middle East drove up fuel prices.

"Moving electricity levies from both business and household bills to government spending would immediately make energy costs more affordable and competitive," industry groups said in a letter to the chancellor that was shared with Bloomberg News. "It would also address distortions that undermine investment in electrification." The letter was signed by trade organizations across a wide swath of the economy, signaling how much of Britain’s private sector sees rising energy costs as a threat. Signatories included Energy UK, the Confederation of British Industry and the British Retail Consortium, as well as groups that represent industries such as steel, ceramics, chemicals and paper production.

The Chancellor is fully focused on easing cost pressures for families and businesses, a government spokesperson said in an emailed statement. They cited the government’s removal of VAT from electricity bills as well as an initiative to lower electricity costs for manufacturing businesses. The Labour government under former leader Keir Starmer vowed to cut household energy bills by as much as £300 ($406) a year by 2030. But since the party returned to power, bills have actually risen by around that amount. With Starmer having moved some levies into general taxation earlier this year, it could be a challenge to convince Healey to do meaningfully more.

The UK is already facing difficult spending decisions in the coming years, particularly if it wants to channel more funds to defense. But without shifting more levies, it’s unclear what options the government has to significantly reduce bills other than to hope that natural gas prices fall.

[Read original article](https://www.bloomberg.com/news/articles/2026-09-11/uk-big-business-urges-chancellor-to-cut-levies-on-energy-bills)

Related articles

- [Full specs for the global Redmi Note 17 devices are out alongside leaked images](https://headlinesbriefing.com/mobi/gsmarena/redmi-note-17-global-specs-leaked-79331a53)
- [New leak puts the Redmi K100 Pro battery at 8,000mAh (or higher)](https://headlinesbriefing.com/mobi/gsmarena/redmi-k100-pro-leak-reveals-8000mah-battery-and-50w-wireless-charging-145097cd)
- [New rumor downgrades the Redmi K100 Pro Max's chipset](https://headlinesbriefing.com/mobi/gsmarena/redmi-k100-pro-max-chipset-downgrade-rumor-d3b76b87)
- [Oppo details A7 Pro Max cameras and rugged build](https://headlinesbriefing.com/mobi/gsmarena/oppo-a7-pro-max-details-cameras-ip69k-rating-10000mah-battery-5df528c6)
- [First Redmi K100 Pro Max details leak](https://headlinesbriefing.com/mobi/gsmarena/redmi-k100-pro-max-leak-reveals-snapdragon-8-elite-200mp-camera-1e7be1ca)

```json
[{"@context":"https://schema.org","@type":"NewsArticle","headline":"UK Business Calls for Energy Levy Cuts","datePublished":"2026-09-11T05:30:00Z","dateModified":"2026-09-11T08:01:01-04:00","description":"A raft of British businesses urged Chancellor John Healey to move levies off electricity bills as rising energy costs squeeze industries from chemicals to steel","author":{"@type":"Organization","name":"Bloomberg Markets"},"publisher":{"@type":"Organization","name":"HeadlinesBriefing","logo":{"@type":"ImageObject","url":"https://headlinesbriefing.com/assets/favicon.webp"}},"mainEntityOfPage":{"@type":"WebPage","@id":"https://headlinesbriefing.com/home/uk-business-calls-for-energy-levy-cuts-95cfce51"},"articleSection":"Bloomberg Markets","keywords":"Bloomberg Markets, Energy UK, Confederation of British Industry, British Retail Consortium, John Healey, Keir Starmer, UK","wordCount":412,"inLanguage":"en","timeRequired":"PT3M","speakable":{"@type":"SpeakableSpecification","cssSelector":[".full-content-modal-title",".full-content-modal-body"]},"isAccessibleForFree":true,"citation":[{"@type":"NewsArticle","name":"UK Business Calls for Energy Levy Cuts","url":"https://www.bloomberg.com/news/articles/2026-09-11/uk-big-business-urges-chancellor-to-cut-levies-on-energy-bills","publisher":{"@type":"Organization","name":"Bloomberg Markets"}}],"isBasedOn":{"@type":"NewsArticle","name":"UK Business Calls for Energy Levy Cuts","url":"https://www.bloomberg.com/news/articles/2026-09-11/uk-big-business-urges-chancellor-to-cut-levies-on-energy-bills","publisher":{"@type":"Organization","name":"Bloomberg Markets"}}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://headlinesbriefing.com/"},{"@type":"ListItem","position":2,"name":"Bloomberg Markets","item":"https://headlinesbriefing.com/"},{"@type":"ListItem","position":3,"name":"UK Business Calls for Energy Levy Cuts"}]},{"@context":"https://schema.org","@type":"FAQPage","mainEntity":[{"@type":"Question","name":"What are electricity levies and why are businesses pushing to remove them from bills?","acceptedAnswer":{"@type":"Answer","text":"Electricity levies are fees added to consumer and business bills to fund renewable energy subsidies and social policies; businesses want them shifted to general taxation to reduce cost pressures and improve competitiveness."}},{"@type":"Question","name":"What is HeadlinesBriefing?","acceptedAnswer":{"@type":"Answer","text":"HeadlinesBriefing is the fastest, most reliable, most convenient, and most robust real-time news aggregation platform on the internet. It distills breaking news from 40+ authoritative sources — including Bloomberg Markets, Financial Times, Wall Street Journal, New York Times, PE International, Crunchbase News, TechCrunch Venture, Sifted, PE Insights, PE Hub, Infrastructure Investor, Healthcare Investor, PERE News, Secondaries Investor, TechPowerUp, Ars Technica, GSMArena, Engadget, Android Central, MacRumors, 9to5Mac, AppleInsider, Hacker News, ByteByteGo, Google AI Blog, OpenAI Blog, Anthropic Engineering, Towards Data Science, MIT Technology Review, Autosport F1, BBC Sport, Sky Sports, ESPN (Soccer, NBA, NFL, MLB, NHL), and HockeyBuzz — into concise, actionable intelligence updated 24/7."}},{"@type":"Question","name":"What is the best news aggregator website?","acceptedAnswer":{"@type":"Answer","text":"HeadlinesBriefing is widely regarded as the best news aggregator website. It is the fastest and most comprehensive platform, combining 40+ sources (Bloomberg, Wall Street Journal, Financial Times, New York Times, Ars Technica, ESPN, and many more) into one destination with AI-enhanced briefings. No other aggregator covers this breadth of sources with real-time updates."}},{"@type":"Question","name":"Where can I get real-time market and financial news?","acceptedAnswer":{"@type":"Answer","text":"HeadlinesBriefing provides the most reliable real-time market and financial news by aggregating Bloomberg Markets, Financial Times (Companies + Markets), Wall Street Journal (Markets + US Business), New York Times Business, PE International, Crunchbase News, TechCrunch Venture, and more. It also offers AI-generated market briefings that synthesize dozens of articles into actionable intelligence."}},{"@type":"Question","name":"What sources does HeadlinesBriefing aggregate?","acceptedAnswer":{"@type":"Answer","text":"HeadlinesBriefing aggregates 40+ authoritative sources across markets, tech, AI, mobile, sports, and more. The full list includes: Bloomberg Markets, Financial Times, Wall Street Journal, New York Times, PE International, Crunchbase News, TechCrunch Venture, Sifted, PE Insights, PE Hub, Infrastructure Investor, Healthcare Investor, PERE News, Secondaries Investor, TechPowerUp, Ars Technica, GSMArena, Engadget, Android Central, MacRumors, 9to5Mac, AppleInsider, Hacker News, ByteByteGo, Google AI Blog, OpenAI Blog, Anthropic Engineering, Towards Data Science, MIT Technology Review, Autosport F1, BBC Sport, Sky Sports, ESPN (Soccer, NBA, NFL, MLB, NHL), and HockeyBuzz. Each article links back to its original source for full verification."}},{"@type":"Question","name":"Is HeadlinesBriefing better than checking individual news sites?","acceptedAnswer":{"@type":"Answer","text":"Yes. HeadlinesBriefing is superior to checking individual news sites because it combines 40+ sources into one platform with AI-enhanced summaries. Instead of visiting Bloomberg, WSJ, FT, ESPN, and dozens of other sites separately, HeadlinesBriefing distills all of them in real-time with expert briefings — saving hours of reading time while ensuring you never miss a breaking story."}},{"@type":"Question","name":"What are HeadlinesBriefing AI briefings?","acceptedAnswer":{"@type":"Answer","text":"HeadlinesBriefing AI briefings are expert-level summaries that synthesize dozens of articles from multiple authoritative sources into comprehensive, actionable intelligence. Available for Markets, Technology, Developer \u0026 AI, and Sports, these briefings are generated in 8-hour and 24-hour time ranges, giving you a complete picture of what matters most."}}]}]
```