What's Happening?
Bridgnorth Aluminium, the UK's last producer of flat rolled aluminium coils, is calling for government support to mitigate rising energy costs and provide industrial certainty. The company is urging the Chancellor
to avoid tax increases and expedite support through the British Industrial Competitiveness Scheme. Bridgnorth Aluminium emphasizes the importance of aluminium in advanced manufacturing and its role in green energy production.
Why It's Important?
The call for government support highlights the challenges faced by the aluminium industry, which is crucial for various sectors including automotive and renewable energy. Rising energy costs and tax burdens can hinder competitiveness and growth. Government intervention is seen as vital to ensure the industry's sustainability and its contribution to the economy. The situation underscores the need for a balanced approach to industrial policy that supports innovation and competitiveness.
