Britain is set to lose a refinery that failed to attract any buyers after going into insolvency in June, leaving the country with four refineries in total. Prax Group, the owner of the Lindsey refinery, declared insolvency amid mounting losses at the facility, with several hundred jobs set to be lost if it could not sell it. The Starmer government tried to find a buyer for the refinery and energy security minister Ed Miliband even suggested financial support could be granted to refineries to avoid further insolvencies. However, with that same government…
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