Yorkshire Manufacturing: Spiralling energy costs impact manufacturers

RISING energy costs are having a major impact on manufacturers according to Yorkshire business leaders.

Manufacturers organisation, EEF, says energy intensive manufacturers in France, Germany and Spain have considerably lower prices, sometimes as much as 50% lower than those in the UK. It says the cost of UK climate change policy, borne by electricity consumers, will by 2020 be 50% higher than any other country in Europe, while in the US, energy policies are reducing energy prices.

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