Post by OJW Associates

⚡ Rising Energy Costs Continue to Challenge UK Manufacturers New research from Make UK suggests that 1 in 4 UK manufacturers has already moved production overseas or is seriously considering doing so due to high energy costs. The report highlights that: ✔ UK manufacturers pay around 27p per kWh for electricity. ✔ Comparable developed countries pay around 16p per kWh. ✔ US manufacturers pay as little as 6p per kWh. ✔ More businesses are outsourcing production overseas to remain competitive. While government support schemes are planned, many manufacturers believe further action is needed sooner to help UK businesses compete internationally. If rising costs are putting pressure on your business, reviewing your finances and planning ahead can make a real difference. 📞 01527 368220 📧 [email protected] #Manufacturing #EnergyCosts #UKBusiness #BusinessGrowth #SmallBusinessUK #CashFlow #BusinessSupport #ManufacturingUK #Economy #OJWAssociates