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Energy Prices Threaten UK Manufacturing, Urgent Review Needed

2/22/2026

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Story summary
  • A report by Confederation of British Industry (CBI) and Energy UK says energy prices threaten UK manufacturing.
  • 40% of businesses have reduced investment.
  • Industrial electricity costs are 70% higher than before the Ukraine invasion.
  • Gas prices are 60% higher than before the Ukraine invasion.
  • A comprehensive energy-regulation review is needed because current government measures are insufficient.