> UK to cut green levies on businesses in bid to reduce energy costs and boost manufacturing
More than 7,000 businesses could have their energy bills reduced as the government removes levies such as the renewables obligation, which funds continuing commitments to earlier renewable electricity generation projects.
It will come alongside a parallel policy, reported in the Guardian last week, aimed at helping particularly electricity-intensive industries such as the beleaguered steel sector.
This will involve increasing the discount on the fees that energy-intensive firms pay to connect to the grid to 90%, up from 60%.
https://www.theguardian.com/business/2025/jun/22/uk-to-cut-green-levies-on-businesses-in-bid-to-reduce-energy-costs-and-boost-manufacturing