UK to cut green levies on businesses in bid to reduce energy costs and boost manufacturing

Keir Starmer said the industrial strategy would be ‘a clear break from short-termism and sticking plasters’. Photograph: Andy Rain/EPA

The government is to slash green levies on thousands of businesses, in an effort to bring down sky-high energy costs for firms and boost the manufacturing sector in Labour heartlands.

The measure is a key plank of the long-awaited industrial strategy, a 10-year plan to boost sectors ranging from the creative industries to manufacturing.