Labour poised to raise energy bills to save Britain’s factories

Labour to use energy bill hikes to fund £1billion manufacturing support package

Labour is preparing plans which may increase energy bills for households and businesses to help finance a £1billion support package for the struggling manufacturing sector.Officials at the Department for Business and Trade have held discussions with energy suppliers in recent weeks regarding the rollout of the British Industrial Competitiveness Scheme, which Sir Keir Starmer unveiled last year as a central pillar of Labour’s industrial strategy.…

Labour poised to raise energy bills to save Britain’s factories

Discount on network charges to rise to 90pc from 60pc as part of Starmer’s industrial strategy