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› People › CBI and Energy UK report
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CBI and Energy UK report
6
source-backed facts
1 publication
Business
business · New Dispatch
UK industrial prices are 45 percent higher than the G7 median, according to a joint CBI and Energy UK report.
“UK industrial prices are 45 per cent higher than the G7 median”
45 %
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business · New Dispatch
Removing certain green charges from all industrial electricity bills could unlock £130 billion in economic activity between 2027 and 2050, the report says.
“could unlock £130billion in economic activity between 2027 and 2050”
130 billion pounds
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business · New Dispatch
Four in ten companies are cutting investment due to high energy costs, the report finds.
“four in ten companies cutting investment due to these costs”
40 %
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business · New Dispatch
Industrial businesses outside existing support schemes could see bills rise by up to 20 percent by next year, the report warns.
“could see bills rise by up to 20 per cent by next year”
up to 20 %
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business · New Dispatch
Collectively, the proposed measures could cut total energy costs by up to 20 percent, the authors say.
“could cut total energy costs by up to 20 per cent”
up to 20 %
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business · New Dispatch
These measures alone could deliver a £130 billion boost to the economy by 2050, the report states.
“deliver a £130billion boost to the economy by 2050”
130 billion pounds
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