Powering Britain’s future: Electricity bills to be slashed for over 7,000 businesses in major industry shake-up

News Energy & Renewables Law & Policy Updates

Date: 22nd Jun, 2025 Source: HM Treasury Country: United Kingdom Original Source

Brief

On June 23, 2025, the HM Treasury issued an update regarding Powering Britain's future: Electricity bills to be slashed for over 7,000 businesses in major industry shake-up. The new Industrial Strategy aims to unlock billions in investment and support 1.1 million new well-paid jobs by slashing industrial electricity prices by up to 25% from 2027, making the UK the best country to invest and grow a business.

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Powering Britain’s future: Electricity bills to be slashed for over 7,000 businesses in major industry shake-up

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Powering Britain’s future: Electricity bills to be slashed for over 7,000 businesses in major industry shake-up

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HM Treasury

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