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UK steel: European rivals laughing at us over energy crisis
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UK steel manufacturers have made a fresh appeal for urgent government intervention in the energy crisis, warning they are the laughing stock of Europe after being forced to pause production on multiple occasions recently.
It comes a day after the Scottish Power chief executive, Keith Anderson, said Britain’s energy market faced an “absolute massacre” that could force at least 20 suppliers into bankruptcy in the next month unless the government reviews the energy price cap.
The manufacturers’ organisation Make UK said it had hoped the government would have stepped in 10 days ago after receiving assurances from business secretary, Kwasi Kwarteng.
While the EU has already taken swift action to dig its industries out, Make UK fears the government
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