British business leaders have warned Prime Minister Sir Keir Starmer that his upcoming industrial strategy will be “fatally flawed” unless it comprehensively addresses the UK’s high energy costs, which are 46% above the global average. While the government acknowledges the issue, concerns persist that support will be limited to energy-intensive sectors rather than a broader range of industries. Business groups are advocating for more extensive solutions, including significant reductions in energy bills for various sectors, as the strategy is set to be unveiled alongside the Treasury’s spending review on June 11.
