Written Question·Treasury·UIN 122191

Energy: Prices

Tabled: 19 March 2026

Answered: 27 March 2026

Question

Gareth Snell

To ask the Chancellor of the Exchequer, what assessment she has made of the impact of industrial energy prices on economic growth.

Answer

James Murray

We know high energy costs are one of the greatest challenges facing industry and is a key barrier to growth in the UK. In the Modern Industrial Strategy, we announced the new British Industrial Competitiveness Scheme, which will reduce electricity costs b...

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