Tuesday, 19 August 2014

1.5 MILLION UK JOBS AT RISK FROM EU GREEN POLICIES

Green policies imposed by Brussels are endangering 1.5m UK jobs by saddling manufacturers with high energy costs, an influential group of business leaders has warned. A report published on Wednesday by Business for Britain (BfB), a Eurosceptic lobby group, says that EU policies are to blame for up to 9 per cent of costs on energy bills for industrial companies and warns this could rise to 16 per cent by 2030. Manufacturers are now considering moving their operations to countries where energy is cheaper, risking "devastating" job losses in the UK, it warns. --Emily Gosden, The Daily Telegraph, 13 August 2014 (http://www.telegraph.co.uk/finance/newsbysector/energy/11029681/EU-green-energy-laws-put-1.5m-UK-manufacturing-jobs-at-risk.html)

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