UK set for Brexit energy deal with EU that will stop bills rising for households

UK set for Brexit energy deal with EU that will stop bills rising for households

The UK and EU are set for a temporary deal to stop British businesses being badly harmed by a new tax on energy that threatens to drive up bills and hit jobs and growth.The EU’s new carbon border tax (CBAM) is being introduced from 1 January, meaning British businesses will be hit by levies on exports to Europe, which are produced using polluting energy-intensive methods.But amid industry warnings that the tax would push up consumer bills and le…