Ineos slams Labour's budget as 'a major missed opportunity to save British manufacturing' in scathing attack

“Ineos slams Labour's budget as 'a major missed opportunity to save British manufacturing' in scathing attack”

Labour's Budget risks accelerating Britain's industrial decline, chemicals giant Ineos warned, as manufacturers accused the Chancellor of failing to tackle sky-high energy prices. With winter approaching, John Healey announced a raft of measures, including £100 in energy support to more than 20 million homes. He will also extend a VAT cut on domestic electricity and axe standing charges on gas bills. For industry, he confirmed that the British Industrial Competitiveness Scheme would cut…