High electricity bill taxes holding us back, say industry groups | Manufacturing sector

The UK government is pressed to survey billions of energy costs facing families and heavy industry by repairing the high taxes imposed on electricity bills.
These political drawings mean that the United Kingdom pays some of The highest energy bills in the worldAt the same time, it is burned from the British industry and suffocates families’ efforts to move to low -carbon heating systems, according to the industry trade groups.
Make UK has warned that the long -awaited industrial policy of the government is at risk of its path due to the high energy prices imposed on manufacturers in the United Kingdom, which make the lobby countries the energy bills in the sector 46 % higher than the global average.
The commercial organization called on the government to reduce industrial energy costs as part of the long -awaited industrial strategy for a long time, which is scheduled to be later this month, by reforming “complex and unfair political fees that make low -carbon energy more expensive than fossil fuels.”
Her state subscription plan includes the fixed energy price for manufacturers. Under the scheme, manufacturing companies will get higher payments than the government if the sentences of the energy risk rise beyond the specified price-but they will pay the difference in the cabinet if the sentence price is less than the agreed price.
“If we do not address the issue of high industrial energy costs in the United Kingdom as a priority, we risk the security of our country. We will fail to attract investment in the manufacturing sector and we will quickly enter a stage of industrial renewal,” said Stephen Fibson, CEO of the United Kingdom.
“The UK manufacturers have faced much higher energy prices than the prices of European competitors for many years, undermining their ability to invest, grow and compete in the world,” said Vibuson.
Another commercial organization, energy The United Kingdom, blaming government fees, which are often located on electricity bills, to make cleaner alternatives such as expensive thermal pumps compared to gas.
The Energy Sector Trade Authority, which represents the energy suppliers, proposed a “balance” on the fees currently imposed on electricity bills on gas bills, and the provision of homes using electrical heating 400 pounds annually. Government benefits should then reduce the burden on low and medium families that use gases that will face an additional annual cost of 40 pounds under their proposal.
In general, this plan will make the government move from gas heating to electric heating by about 40 billion pounds by 2040 compared to the situation in which policy costs are not removed from bills.
A government spokesman said: “Through our clean mission, we will start from fossil fuel markets – the protection of commercial and home business through the clean and local energy that we control,” a government spokesman said.
Its spokesman said it brought the energy costs to the UK industries in line with other major economies through The British industryA program to reduce government energy costs for companies in sectors such as steel, minerals and chemicals, which companies are expected to provide 5 billion pounds over the next ten years.
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The spokesman added: “We are also looking into a set of options to fix the energy market in the long run, including the balance of gas and electricity prices, while affecting consumers in the heart of our approach,” the spokesman added.
Comments about the imminent industrial strategic proposals of the government come as British business faces a series of challenges in the coming months.
The Minister of Business and Trade, Jonathan Reynolds, is expected to urge the Donald Trump administration to manage the deal Reducing taxes on steel exports in the UK to scratch This week, after the American president pledged to double the world steel tariffs to 50 %.
Elsewhere, private sector companies expect the activity to decrease in the three months until August to their weakest level for three years, according to the last CBI growth. A separate survey of the hospitality industry in the United Kingdom also stated that the recent increases in national insurance contributions to the employer and changes in business prices means that a third of the sector is confused.