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Energy costs for manufacturers in the UK will need to be subsidised until structural change takes place, Peter Kyle, secretary of state for business and trade, said at the Make UK National Manufacturing Conference in London on Tuesday
Read MoreConflict pushes companies struggling with rising costs in sectors such as steel and chemicals to the edge
Read MoreOil prices slumped below $60 a barrel this week as investors try to make sense of U.S. President Donald Trump’s push to end the war in Ukraine and force out Venezuelan President Nicolas Maduro.
Read MoreVehicle manufacturing in the UK fell again in March, with cars and commercial vehicle production both down in the month.
Read MoreThe government has set a higher target for the UK to make half of the steel it uses and has announced higher taxes on buying steel from overseas.
Read MoreThe owners of the UK's only aluminium smelter have increased production by about 10% after exporting to the US for the first time.
Read More
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