UK Steel Killed by EU Anti-Competitive Energy Policy

The EU’s selfish and anti-competitive energy policy, and UK energy taxes, played a big part in Tata Steel’s sad decision on having to end its UK operation. As Kate Hoey is reported as saying :
“The EU’s regulations on energy production are killing our steel industry. It is impossible for the UK to compete with non-EU countries like the US, where electricity costs half the price, and Norway, where energy is 25 per cent of the UK price. They unlike us are free from dogmatic, ineffective rules on energy sources.”

Eamon McNicholas
Tax Barrister, Accountant
http://www.EamonMcNicholas.com

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About Eamon McNicholas

Tax Barrister, Accountant www.EamonMcNicholas.com
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