Friday, June 17, 2011

UK faces job losses as businesses threaten to flee abroad to escape green energy levies

http://www.telegraph.co.uk/finance/newsbysector/energy/8570141/UK-faces-job-losses-as-businesses-threaten-to-flee-abroad-to-escape-green-energy-levies.html


Sir Roger Carr warns in an interview that the Coalition must give "some sort of support" over rising energy costs to UK manufacturers or else risk seeing businesses relocate abroad with the consequential loss of jobs.

"Not every country in the world has the same commitment to climate change [as the UK] and therefore you may feel commercially disadvantaged," Sir Roger says, adding: "That gives you cause for thought as to where you want to invest."

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