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Story summary
- Sir Alex Chisholm warns rising energy costs threaten the United Kingdom’s global competitiveness.
- Business gas and electricity prices have risen 25% since February, driven by the Middle East conflict.
- EDF and 119 organisations asked the government to remove hidden taxes and renewable levies.
- Chisholm says nuclear power is vital for energy security, climate and cost cuts.
- Hinkley Point C’s cost is about £36 billion and its completion slipped to 2031.