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energy-intensive-industries-to-see-costs-reduced
energy-intensive-industries-to-see-costs-reduced

Energy intensive industries to see costs reduced

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UK Chancellor George Osborne has today delivered his Budget Statement to Parliament, setting out how the government will take further action to secure the recovery and build a resilient economy.

Among the disclosures from the 2014 budget, the government has announced measures to reduce energy costs to ensure that the UK remains a competitive location for manufacturing.

With the acknowledgement that UK energy intensive industries (EIIs) pay up to 50% more for their electricity than in competitor economies, the Energy Intensive Users Group (EIUG) has welcomed news of action on energy costs.

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