EEF comment on Prime Minister’s announcement of annual energy competition review

Commenting on the Prime Minister’s announcement of an annual energy competition review, Terry Scuoler, Chief Executive of EEF, the manufacturers’ organisation, said: “We welcome any approach that involves more competition in the energy industry, which should lead to lower prices for hard-pressed consumers, including manufacturers.

"We’ve consistently pressed ministers to address the issue of competitiveness of electricity prices and the need to avoid cost increases that are out of line with our competitors.

"This review should be rapid and report back as soon as possible as the rising cost of energy is acting as a block to investment and growth for many companies.”