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Manufacturers see energy prices stabilise

27 April 2010
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Manufacturers see energy prices stabiliseRelatively stable prices for electricity, gas and oil are being seen by producers in the UK at present following significant fluctuations over recent months.

This is the conclusion of accountants and business advisers BDO LLP, which suggests peaks and troughs have placed additional pressure on manufacturers already affected by the global economic downturn.

However, the organisation warns that the current situation may be the "calm before the storm" and head of manufacturing Tom Lawton states the "stakes are particularly high at this stage", calling for greater clarity of guidance from the government about low-carbon initiatives.

Operations management experts are also advised BDO''s latest Quarterly Manufacturing Energy Tracker also notes the manufacturing sector is being subjected to a growing wave of legislation - including the Carbon Reduction Commitment and the European Union Energy Trading Scheme - as the UK moves towards a more sustainable economy.

Founder and group executive chairman of Ultra Green Tony Blakely recently called at a roundtable industry discussion for UK manufacturers of green technology to be provided with greater government support to boost production of sustainable devices.ADNFCR-3058-ID-19744824-ADNFCR
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