Currently reading: Jobs threat as energy prices soar for UK manufacturers

SMMT calls for Government help as “spiralling” energy costs are on average 59% more than European rivals pay

Calls for urgent government action have been made to stop the “spiralling” cost of energy within the automotive manufacturing sector, suggesting thousands of jobs could be cut.

The Society of Motor Manufacturers and Traders (SMMT) said costs within the sector have risen by almost 50% this year alone - an uplift of £90 million.

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