#industrial-competitiveness

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Europe politics
fromBusiness Matters
3 days ago

UK steelmakers face 77% electricity price gap as Middle East war deepens competitiveness crisis

UK steel producers face a severe electricity cost disadvantage compared to European rivals, threatening the industry's survival and government strategies.
fromBusiness Matters
3 days ago

Reeves unveils 25% electricity bill cut for 10,000 manufacturers as energy costs bite

The British Industrial Competitiveness Scheme (BICS) will be widened by 40 per cent, bringing an additional 3,000 firms under its umbrella. The scheme will exempt qualifying businesses from the indirect costs of three legacy green levies: the Renewables Obligation, Feed-in Tariffs and the Capacity Market.
UK politics
Europe politics
fromwww.theguardian.com
1 month ago

Reeves speech had a giant hole: the sky-high cost of energy for industry | Nils Pratley

UK government's growth plan lacks sufficient action on high industrial energy costs, which threatens competitiveness and AI sector investment despite addressing trade, regional development, and planning reform.
Cars
fromFast Company
2 months ago

Why America losing the global EV race hurts its own auto industry

U.S. automakers are de-emphasizing EVs in favor of hybrids and gasoline models, risking climate goals and industrial competitiveness as global EV adoption accelerates.
UK politics
fromwww.independent.co.uk
9 months ago

Energy bills could be cut by up to 25% for thousands of UK businesses

Cutting green levies could reduce UK business electricity costs by up to 25%, aiding competitiveness against foreign firms.
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