The Guardian Australia – Business
·business
·2 hours ago
UK government plans £600 million investment to boost industrial competitiveness
The UK government announced plans to invest over £600 million annually to enhance industrial competitiveness starting April 2024. Critics, including GMB union leader Gary Smith, decried the initiative for ignoring gas-intensive industries, while employer groups labeled the funding a mere 'drop in the ocean'. The plan aims to address the country's highest energy costs in the developed world.
Summary by Glance · The Guardian Australia – Business
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