Government considering measure to slash industrial energy prices
Ministers are considering a commitment to cut soaring industrial energy prices for British companies to the same level enjoyed by competitors in France and Germany as part of its industrial strategy.
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Britain has the highest industrial electricity prices in the G7, a cost businesses say makes it impossible to compete internationally and risks "deindustrialising" the UK.
More...20-06-2025, 02:04 PM -
Chancellor Rachel Reeves has warned petrol retailers of a "shared obligation" to keep prices down for motorists amid soaring prices and war in the Middle East.
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Higher prices could last for more than eight months after the Iran war ends, the prime minister's right-hand man has said as ministers step up efforts to offset potential impacts to food and fuel supplies....26-04-2026, 02:21 PM