Six in 10 British factories at risk of closing — Bloomberg ...News

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Six in 10 British factories at risk of closing — Bloomberg
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Soaring electricity bills are projected to drive manufacturers out of business Some 60% of factories in the UK are at severe risk of shutting down as energy bills across the nation continue to skyrocket, Bloomberg reported on Saturday, citing a poll conducted by MakeUK, a lobby group for British factories.   Nearly half of manufacturers have seen electricity bills surge by more than 100% over the past year, according to the lobby group.  “The current crisis is leaving businesses facing a stark choice,” MakeUK said. “Cut production or shut up shop altogether if help does not come soon.”  UK authorities have been un

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