UK manufacturers could inject an additional £2.56bn into the UK economy, cut energy consumption by nearly a third and boost their energy resilience by increasing investment in energy technology over the course of the next decade, according to a new report by Barclays.
Concerns have come to the fore as manufacturers feel squeezed by increases in the price of other raw materials, greater competitive pressure, and the prospect of Brexit. The Barclays Corporate Banking Powering On: Energy Resilience in UK Manufacturing report examines current attitudes of UK manufacturers towards energy supply and management and…
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