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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