Story perspectives

Yorkshire Businesses Face 60% Higher Energy Costs Amid Crisis

4/7/2026

Summary

Story summary

Yorkshire and the Humber businesses face industrial electricity costs 60% higher than competitors in advanced economies.
The ongoing Iran conflict highlights urgent energy cost issues.
The UK is less vulnerable to energy shocks than in the 1970s.
The government must collaborate with businesses to develop long-term solutions, focusing on renewable energy and reducing policy costs.
Addressing business costs supports prosperity and reduces the cost of living.

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Story summary

Yorkshire and the Humber businesses face industrial electricity costs 60% higher than competitors in advanced economies.
The ongoing Iran conflict highlights urgent energy cost issues.
The UK is less vulnerable to energy shocks than in the 1970s.
The government must collaborate with businesses to develop long-term solutions, focusing on renewable energy and reducing policy costs.
Addressing business costs supports prosperity and reduces the cost of living.