budget, chemical industries association, CHEMICALS, CIA, energy, GOVERNMENT, nuclear, Spending Review, Steve Elliott, UK

Nuclear Power Won’t Stem UK Site Closures: Chemical Lobby

Rachel Reeves’ Spending Review and a pledge to build more nuclear power plants have all fallen a bit flat with the UK’s chemical industry.

Nuclear power is all well and good, but the UK’s Chemical Industries Association is desperate for the government to address the here and now.

“The immediate task in hand is to provide urgent relief from the UK’s long-standing uncompetitive energy costs. Britain’s industrial power prices are 4 or 5 times higher than they are in the US and at a significant premium to the rest of Europe and beyond – with every day bringing more distressing news of site closures, strategic reviews and a loss of highly skilled jobs, often in parts of the country that sorely need them,” Steve Elliott, CEO of the CIA, said in a statement.

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