UK Government To Slash Industrial Energy Costs Via City A.M., The UK government plans to significantly reduce industrial energy prices for British manufacturers to improve their competitiveness. Industries like steel, ceramics, and chemicals will see standing charges for electricity fall by up to 90 percent. British industrial electricity prices are currently the highest in the G7, leading to an extra £29bn in costs over the past four years. The government plans to slash industrial energy prices for British manufacturers, enabling them to better compete with key European rivals. Ministers will unveil a multibillion pound package of taxpayer-funded support for the UK’s most… — Continue at ZeroHedge News : Read More
