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UK manufacturers struggle under sky-high energy bills

Summary

Britain’s soaring energy costs are putting pressure on domestic manufacturers, industry leaders warn. Oliver Harry of Encirc said the UK pays significantly more for energy than its European rivals, with industrial electricity prices the highest in Europe in 2024, according to government data. The rising costs—driven by reliance on natural gas and the transition to renewables—are fueling an increase in cheaper imports, particularly from China and Turkey, raising concerns over competitiveness and sustainability.

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UK manufacturers struggle under sky-high energy bills

Molten glass drops through chutes before being blown into bottles at manufacturer Encirc's northwest England plant, where intensive operations are under strain from exorbitant energy prices weighing on Britain's heavy industry.

7 hours ago

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