Displaying items by tag: stop production

Gareth Stace, the director general of UK Steel, said that now was ‘not the time’ for Mr Johnson to go on holiday in Spain. He told him to ‘bang ministerial heads together’ after a row broke out between different departments as to how to resolve the energy crisis and stop factories having to cease production. The business secretary was accused of making misleading claims about offering energy bailouts to factories struggling with soaring costs. Mr Stace said the Government should ‘shield’ the steel industry from soaring energy costs in the short-term, or risk ‘a bigger bill for the taxpayer’. He said that the industry was not seeking subsidies, but an end to ‘policy costs’ to cover the transition towards renewables which have been ‘piled on - making them uncompetitive’. See also