Businesses Urge UK to Cut Energy Costs for Industry

The UK’s upcoming industrial strategy should include action to slash energy costs which are among the highest in the world and hinder growth, the House of Commons Business and Trade Committee warned in a report on Friday, as business leaders are also calling for a decisive action to cut industrial energy costs. The UK government is set to unveil an industrial strategy next week—Britain’s first such strategy this decade—to spur growth in an ever-changing geopolitical and trade landscape. The Industrial Strategy “must…