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AMMS's avatar

Too late a call I think. As the recent AR7 auction made clear, the UK will be saddled with (extortionately) high energy prices for another two decades. Even if the global thinking is shrinking, why would you invest in the UK. Even if a business qualified for the EII, the discount would only be 65% - only twice as expensive.....

Almost worse than energy prices are politicians and civil servants who wouldn't recognise industry if it exploded out of their humanities degree over breakfast.

If local production is important - and if we are reinstating Dad's Army, it really ought to be - then there is a price to be paid. If we could find the cash, I'm not sure we could find the will.

Karen Bateman's avatar

Tax avoiding Jim Ratcliffe (worth £17bn+) registers for tax in Monaco to save £4bn in tax yet Ineos - the world's biggest chemical company and his company - can't afford to invest in new plant without going cap in hand to the taxpayer...

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