Six in 10 British Factories at Risk of Going Under as Energy Bills Soar

- Six in 10 British Factories at Risk of Going Under as Energy Bills Soar
by Julian Harris, https://www.bloomberg.com/
Soaring energy bills are threatening to put six in 10 British manufacturers out of business, according to a survey that lays bare the extent of the crisis facing the next prime minister.
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MakeUK, the lobby group for UK factories, said that nearly half of manufacturers have experienced a jump in electricity bills of more than 100% in the past year. “The current crisis is leaving businesses facing a stark choice,” the report said. “Cut production or shut up shop altogether if help does not come soon.”
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