FEB 01] EXHALL PLATING LTD NEWS
Energy Levy Will Make Firms Hot Under Collar
Coventry business leader has warned that hundreds of jobs and
businesses in the region will be placed in jeopardy with the
introduction of the new Climate Change Levy in April.
Starley, chairman of the Bayton Road Group Ltd, fears that the levy -
an energy tax on all sectors of UK industry - will have a devastating
dread to think what affect it will have on companies in our area,
particularly the small light engineering firms.
are some who do not use gas, but they all do use electricity, and
this new levy could add thousands of pounds to their energy bills.
make matters worse, many businesses are totally unaware of the
coming of this levy.”
levy has been brought in to force businesses to reduce emissions of
greenhouse gasses as part of the Government's commitment at the Kyoto
Conference to combat the rate of global warming.
Starley, managing director of Exhall Plating Ltd, said the levy will
add £8,000 annually to his company’s energy bill - even though they
already have an environmental management scheme in place.
Taylor, of the Engineering Employers Federation, has warned of the
threat to UK engineering in a letter to Chancellor Gordon Brown.
left unchanged, the levy could jeopardise 100,000 jobs within UK
Warwickshire County Council are to run a seminar at The Hilton,
Warwick, on 21 February, to brief company representatives on the levy.
seeking more details should contact business environment officer Paul
Hunter on 024 7637 6562.