India  

Why are UK industrial electricity prices so high - and what can be done about it?

Sky News Thursday, 19 June 2025
Why are UK industrial electricity prices so high - and what can be done about it?Britain has the highest industrial electricity prices in the G7, a cost businesses say makes it impossible to compete internationally and risks "deindustrialising" the UK.
0
shares
ShareTweetSavePostSend
 

💡 newsR Knowledge: Other News Mentions

G7 G7 Intergovernmental political and economic forum

Starmer defends rising inflation figures at PMQs [Video]

Starmer defends rising inflation figures at PMQs

Conservative leader Kemi Badenoch said: “We just heard that inflation is up again, the worst in the G7. We left him with 2% inflation. We have borrowing up, unemployment up, taxes are up (..) his budget last year had high taxes. That’s why the economy is contracting.” Sir Keir Starmer replied: “I think of the working people across this country who put in every day and don’t get back what they deserve, and that’s who we’re working for. That’s who we’re fixing the country (for).” Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:20Published
China FIRES BACK at U.S. Over Trump's Tariff Penalty on BRICS Allies, Warns Against Tariff War 2.0 [Video]

China FIRES BACK at U.S. Over Trump's Tariff Penalty on BRICS Allies, Warns Against Tariff War 2.0

The geopolitical stage is set for a major confrontation as the BRICS alliance prepares for its 2025 summit in Brazil. The bloc, which will include ten member nations, is openly challenging the long-standing economic hegemony of the United States. With members like China, Russia, and Brazil leading the charge, BRICS now represents a formidable force, accounting for 45% of the global population and 35% of the world's GDP. The group's primary objective is to reduce its dependency on the U.S. dollar by promoting trade in local currencies and developing alternative financial systems. The tension has escalated dramatically following a direct threat from former U.S. President Donald Trump. He warned that any nation aligning with BRICS' anti-dollar policies would face severe consequences, including a blanket 10% tariff with "no exceptions." This aggressive stance is a clear signal that the U.S. views the rise of BRICS as a direct threat to its ability to impose sanctions and control global financial networks like SWIFT. In response to the mounting criticism and Trump's threats, China's Foreign Ministry spokesperson, Mao Ning, has publicly pushed back. While rejecting claims that BRICS is an "anti-American" coalition, she firmly stated that the mechanism is not targeted at any single country. However, she also reiterated China's long-standing opposition to "tariff wars and trade wars," sending a clear message to Washington. This high-stakes diplomatic battle between the established G7 powers and the rising BRICS alliance could reshape the future of the global economy. #BRICS #DonaldTrump #USChinaRelations #WorldNews #Geopolitics #BreakingNews #DeDollarization #OneindiaNews #TradeWar #InternationalNews Also Read BRICS Leaders Push For India And Brazil's Inclusion As Permanent Members Of UN Security Council :: https://www.oneindia.com/international/brics-leaders-push-for-india-and-brazils-inclusion-as-permanent-members-of-un-security-council-7794021.html?ref=DMDesc Trump Calls Musk’s America Party Plan ‘Ridiculous’ And ‘Unworkable’ :: https://www.oneindia.com/international/trump-calls-musk-s-america-party-plan-ridiculous-and-unworkable-7793443.html?ref=DMDesc There Should Be No Hesitation In Imposing Sanctions Against Terrorists: PM Modi At BRICS :: https://www.oneindia.com/international/there-should-be-no-hesitation-in-imposing-sanctions-against-terrorists-pm-modi-at-brics-7793415.html?ref=DMDesc ~HT.410~GR.125~

Credit: Oneindia    Duration: 03:15Published
Trump Vs BRICS: Trump Declares Economic WAR On BRICS Allies, Warns 10% Tariffs On ‘Anti-U.S Bloc’ [Video]

Trump Vs BRICS: Trump Declares Economic WAR On BRICS Allies, Warns 10% Tariffs On ‘Anti-U.S Bloc’

Trump Vs BRICS: In a move set to rattle global markets, former President Donald Trump has issued a severe warning to the BRICS nations and their allies. He threatens to impose a blanket 10% tariff on any country adopting what he terms "anti-American" policies backed by the bloc. This declaration comes after the 2025 BRICS Summit in Brazil, where the member nations, now numbering ten, issued a joint condemnation of recent US-Israel strikes on Iranian nuclear facilities, calling them "illegal." The BRICS bloc, now representing 45% of the global population and 35% of the world's GDP, has become a significant geopolitical force. In their summit, they also criticized the West's "double standards" on global terror, specifically citing the Pahalgam attack in Kashmir as an example. This direct reference brings the conflict to India's doorstep. Trump claims the tariff letters for 12 countries are already "signed and ready," though sources suggest this could be a strategic bluff to test the bloc's unity. This escalating tension is rooted in BRICS's core mission: to reduce dependence on the U.S. dollar. With their internal trade hitting $1 trillion in 2025 through local currency systems, the bloc, heavily influenced by China and Russia, is seen as a direct challenge to America's sanctions power and its dominance via institutions like the IMF and G7. For Trump, the bloc's growing anti-West stance and expanding economic influence represents a primary threat to American global leadership, setting the stage for a potential economic war. #BRICS #DonaldTrump #USTariff #BreakingNews #WorldNews #Geopolitics #TradeWar #OneindiaNews #USDollar #Dedollarization Also Read Trump Calls Musk’s America Party Plan ‘Ridiculous’ And ‘Unworkable’ :: https://www.oneindia.com/international/trump-calls-musk-s-america-party-plan-ridiculous-and-unworkable-7793443.html?ref=DMDesc There Should Be No Hesitation In Imposing Sanctions Against Terrorists: PM Modi At BRICS :: https://www.oneindia.com/international/there-should-be-no-hesitation-in-imposing-sanctions-against-terrorists-pm-modi-at-brics-7793415.html?ref=DMDesc America Will Be Richer, Safer, and Prouder: Trump As Big, Beautiful Bill Passes Congress :: https://www.oneindia.com/international/trump-s-big-beautiful-bill-passes-congress-in-big-win-for-us-president-011-7790919.html?ref=DMDesc ~ED.103~HT.408~GR.125~

Credit: Oneindia    Duration: 03:10Published
PM: Iran must never obtain nuclear weapons [Video]

PM: Iran must never obtain nuclear weapons

In a statement on the G7 and Nato summits, the Prime Minister said: “There is now a window for peace. We urge Iran and Israel to honour the ceasefire and seize this opportunity to stabilise the region.” Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 02:03Published
PM Modi Rejects Trump’s ‘Broker’ Claim After G7 Call | “No Mediation by US' - India on Pak Ceasefire [Video]

PM Modi Rejects Trump’s ‘Broker’ Claim After G7 Call | “No Mediation by US' - India on Pak Ceasefire

In a bold and unequivocal message, Prime Minister Narendra Modi has dismissed US President Donald Trump’s claim of brokering a ceasefire between India and Pakistan. After a high-stakes phone call post-G7 Summit, India clarified that all communications with Pakistan were strictly bilateral — handled via military channels with no third-party involvement. Foreign Secretary Vikram Misri emphasized India’s long-standing position against external mediation and underlined full political unanimity on the issue. Modi also told Trump that India now views terrorism as "actual war, not proxy war", following the deadly Pahalgam attack that claimed 26 lives. #ModiTrump #IndiaPakistan #OperationSindoor #NoMediation #PahalgamAttack #Geopolitics #IndiaFirst #TrumpNews #ModiSpeech #BreakingNews #ForeignPolicy #SouthAsiaTensions #G7Summit #CeasefireClarified Also Read Donald Trump Asks People To 'Immediately Evacuate Tehran' Amid Israel-Iran Tensions :: https://www.oneindia.com/international/donald-trump-asks-people-to-immediately-evacuate-tehran-amid-israel-iran-tensions-4184437.html?ref=DMDesc French President Macron Whispers Something In Italian PM Meloni's Ear, Her Eye Rolling Reaction Goes Viral :: https://www.oneindia.com/international/french-president-macron-whispers-something-in-italian-pm-meloni-ear-her-eye-rolling-reaction-goes-4184371.html?ref=DMDesc ‘Much Bigger Than Ceasefire’: Trump Blasts Macron, Exits G7 Over Israel-Iran Crisis :: https://www.oneindia.com/international/trump-s-g7-exit-amid-rising-tensions-between-israel-and-iran-4183695.html?ref=DMDesc ~HT.318~PR.274~ED.346~

Credit: Oneindia    Duration: 03:30Published

You Might Like


Related videos from verified sources

Live : 18-07-25 | Will Electricity Prices Rise Soon in Punjab? | Politics Punjab Tv [Video]

Live : 18-07-25 | Will Electricity Prices Rise Soon in Punjab? | Politics Punjab Tv

Live : 18-07-25 | Will Electricity Prices Rise Soon in Punjab? | Politics Punjab Tv

Credit: RumblePublished