UK's Net Zero drive threatens industry with high electricity prices.

Saturday, Nov 29, 2025 6:36 pm ET1min read
SAN--

A Santander report warns that the UK's Net Zero drive has led to surging electricity prices, making industry uncompetitive and threatening deindustrialization. The UK pays 50% more for electricity than Germany and France, and four times more than the US. The report suggests that successive governments have flawed strategies, with the UK not utilizing its natural gas resources to back up renewables.

UK's Net Zero drive threatens industry with high electricity prices.

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