Sep 18th 2012
Businesses still in fear of rising energy costs
Business lobbyist the Confederation of British Industry (CBI) and analysts KPMG published their second report on British infrastructure on Monday 17 September. The survey Better Connected, Better Business suggested 95% of businesses in the UK are concerned about the increasing cost of energy. The report also stated 67% thought infrastructure in the energy sector was unlikely to improve over the next five years. Only 35% of the 568 respondents from businesses of all sizes and sectors across the UK believe the government's infrastructure policies would have a positive impact on investment--down 10% from last year's survey. While 71% claimed the quality and reliability of energy infrastructure played a significant role in their investment decisions. CBI director-general John Cridland said on Monday the coalition needed to take "big decisions" on electricity markets that would have a "lasting impact" on inward investment.
Climate Change Levy exempt energy
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