Energy Discount Scheme Comment Make UK

Commenting on today’s energy discount scheme, Stephen Phipson, CEO of Make UK, the manufacturers’ organisation said:

“It is a welcome move that Government has recognised the need for ongoing support for Britain’s manufacturing sector to protect the thousands of jobs across the UK. We will work through the detailed calculations when they are made available to us by officials to understand how today’s changes in energy support affects manufacturers.

“We will also need to work with Government to make sure the ongoing help does actually deliver meaningful support for our sector. It is important to remember that Britain’s manufacturers are already sitting at a serious disadvantage to their major European competitors who are being shielded by more extensive and generous energy support schemes and UK companies risk being undercut across the board if the right support is not there. Government also needs to improve regulation of the industrial energy market to mirror the way it applies to domestic users, to ensure that manufacturers are not further overcharged during this crisis period.”