U.K. Chancellor of the Exchequer George Osborne Tuesday announced GBP250 million of measures to help shield energy-intensive industries, such as the those in the steel, cement and chemical sectors, from rising electricity costs as a result of environmental policies, so the companies can remain competitive.
U.K. Chancellor of the Exchequer George Osborne Tuesday announced GBP250
million of measures to help shield energy-intensive industries, such as the
those in the steel, cement and chemical sectors, from rising electricity costs
as a result of environmental policies, so the companies can remain competitive.
Osborne announced in his autumn budget statement that the GBP250 million
package over the lifetime of the current parliament would keep industries and
jobs in
Britain
.
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