Britain ‘faces deindustrialisation’ without relief from high energy prices, survey warns (opens original article in a new tab)

Britain's industrial sector faces collapse as high energy prices threaten thousands of companies with bankruptcy, prompting calls for government relief.

• Britain's industrial sector risks collapse due to high energy prices, with many companies facing bankruptcy within a year.
• A quarter of manufacturing companies plan to move production overseas, and 10% expect insolvency within 12 months.
• Make UK calls for government relief, citing energy costs twice Europe's average and four times the US's.