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flag UK industrial electricity costs are up to 40% higher than in France and Germany, hurting manufacturers and pushing some to import from China and Turkey.

flag UK manufacturers face soaring energy costs, with industrial electricity prices up to 40% higher than in France and Germany, mainly due to reliance on expensive gas and a liberalised market that sets prices by costliest sources. flag Companies like Encirc report rising production pressures, prompting increased imports from China and Turkey. flag While a government plan to boost network charge discounts to 90% from April may save major users £420 million annually, industry leaders say it’s insufficient. flag Experts note the UK’s grid transition from coal to renewables has created a temporary gap, with prices expected to fall long-term as clean energy expands.

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