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High energy costs threaten UK manufacturing's future, industry warns
- Make UK warned in 2025 that high industrial energy costs threaten the future of UK manufacturing across the country.
- This warning follows a long decline in manufacturing share to 9% of GDP in 2024, driven partly by expensive energy and policy levies.
- Make UK highlighted that carbon taxes on gas power and fluctuating renewable output raise electricity costs, worsening competitiveness and investment appeal.
- Stephen Phipson, CEO of Make UK, warned that failing to prioritize reducing the high cost of industrial energy in the UK could threaten the nation’s security.
- Make UK urges urgent government reforms to remove regressive policy levies, which could reduce energy costs by 15% and help prevent further de-industrialisation.
14 Articles
14 Articles
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UK Industry Body Flags Exorbitant Energy Costs
Make UK, a manufacturing industry body, has warned that sky-high energy costs for industrial consumers are compromising the country’s future in manufacturing. The UK has the highest energy costs in the developed world because of successive governments’ efforts to shift the economy from hydrocarbons to wind, solar, and batteries that require heavy subsidization through a combination of incentives and higher taxes, including carbon taxes on gas ge…
High energy costs threaten UK manufacturing's future, industry warns
Britain needs to cut industrial energy bills that are the highest among major advanced economies if its aspirations for a healthy manufacturing sector are to succeed, industry body Make UK said on Monday.
High energy costs threaten UK manufacturing’s future, industry warns
MANCHESTER, England: Britain needs to cut industrial energy bills that are the highest among major advanced economies if its aspirations for a healthy manufacturing sector are to succeed, industry body Make UK said on Monday. Prime Minister Keir Starmer’s government is working on an industrial strategy to put British manufacturing — hit hard by Brexit, soaring energy costs and
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