‘High energy costs have held back businesses’, says Miliband as government announces industrial strategy – UK politics live | Politics
By: Martin Belam | Published: 2025-06-23 10:57:00 | Source: www.theguardian.com
Miliband: ‘High electricity costs have held back British businesses’
Energy secretary Ed Miliband has also commented on the announcement of the government’s promise to cut electricity costs for key business sectors.
He said:
For too long high electricity costs have held back British businesses, as a result of our reliance on gas sold on volatile international markets.
As part of our modern industrial strategy we’re unlocking the potential of British industry by slashing industrial electricity prices in key sectors.
We’re also doubling down on our clean power strengths with increased investment in growth industries from offshore wind to nuclear. This will deliver on our clean power mission and plan for change to bring down bills for households and businesses for good.
Chancellor…
