Great Britain - Latest news GMK Center

The wholesale price of electricity in Britain has recently exceeded its cost in France and Spain

In addition, the suspension of protective measures against Ukraine is maintained until June 2026

Labor will look to make that move if it wins the election

This is due to expectations that the new government will be tougher on big polluters

The final recommendation was submitted to the Secretary of State for Business and Trade

Over the past fiscal year, the division increased steel production by 4% y/y – up to 20.8 million tons

The number of companies supplying products for large infrastructure projects is growing

The company plans to consolidate its business in the country under a new legal entity

The government has proposed seven duty rates – for each individual sector to be covered by the mechanism

Imports of raw materials fell by 49.3% y/y, and finished products – increased by 0.6% y/y

In particular, the two largest producers of aluminum in the Russian Federation have come under sanctions

The current measures expire in June 2024, and it is recommended to extend them for another two years