Written question asked by Gareth Snell (Labour) on Wednesday, 13 May 2026, in the House of Commons. It was due for an answer on Monday, 18 May 2026. It was answered by Blair McDougall (Labour) on Friday, 22 May 2026 on behalf of the Department for Business and Trade.
Small Businesses: Energy
- Question
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To ask the Secretary of State for Business and Trade, whether he is taking steps to encourage the development of insurance products to protect small businesses against sudden energy price spikes.
- Answer
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The government recognises that energy costs are a real concern for small businesses. Government supports a competitive insurance market and encourages firms to shop around for suitable cover. Businesses struggling to secure insurance can contact the British Insurance Brokers' Association (BIBA) for guidance and access to specialist brokers.
We are taking broader action to help firms manage energy cost volatility. This includes increasing the Boiler Upgrade Scheme grant to £9,000 to help SMEs transition to lower-cost heating. In addition, strengthened Ofgem protections, regulation of third-party intermediaries, and expanded Energy Ombudsman access are improving transparency, redress, and resilience for business energy consumers.
Secondary information
- Type
- Written question
- Reference
- 159
- Session
- 2026-27
- Subjects
- Energy Insurance Prices Small businesses
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2026-05-22 17:24:33 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2026-27/159
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2026-27/159
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2026-27/159