Finance News – Industrial Strategy
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UK manufacturing set for a funding boost to reduce energy costs
The upcoming industrial plan aims to provide financial assistance to energy-dependent industries in the UK, helping reduce operational expenses and improve workforce capabilities w...
Read Full Article →Government considering measure to slash industrial energy prices
Officials are evaluating a proposal to reduce energy expenses for manufacturers, aiming to enhance competitiveness by aligning costs with those faced by businesses in neighboring E...
Read Full Article →Firms stumped up extra £29bn for ‘astronomical’ energy costs
Over the past four years, British companies have collectively incurred an additional £29 billion in expenses due to increased energy prices, highlighting the financial burden on in...
Read Full Article →UK’s largest fibre glass factory to close as rescue talks collapse
The closure of a major UK fibre glass manufacturing facility, vital for electric vehicle and renewable energy industries, may negatively impact local employment and disrupt supply...
Read Full Article →Rolls-Royce calls for government to back plans for new engine
The company’s request highlights the potential economic impact of government involvement in advancing innovative manufacturing projects that could strengthen key sectors within the...
Read Full Article →UK industrial strategy launch pushed back to end of June
The postponement of the UK's industrial strategy launch reflects growing urgency for government officials to develop measures addressing the substantial financial impact of rising...
Read Full Article →High electricity bill taxes holding us back, say industry groups
Industry representatives warn that the substantial taxes included in electricity costs are increasing financial burdens, potentially undermining economic growth and efforts toward...
Read Full Article →UK industrial strategy must deal with high energy costs, business warns
Lobby groups urge the government to address rising energy expenses in the forthcoming industrial strategy to help businesses manage operational costs and maintain competitiveness a...
Read Full Article →Business Secretary can’t commit to lower energy costs in industrial strategy
The uncertainty surrounding potential reductions in industrial energy expenses within the government’s industrial strategy may impact business planning and the broader economic out...
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