Energy Management Photo 34168020 © Convisum Dreamstime.com
© Convisum Dreamstime.com.

The UK logistics sector has welcomed the “short reprieve” through the government’s plan to cap business energy costs.

But business remains concerned over long-term plans, and European industry is more concerned about supply than cost.

Businesses across Europe have come under immense pressure since Russia’s invasion of Ukraine saw energy prices spiral upwards, with the threat of costs wiping out profits.

Running from October to next March, the UK’s Energy Bill Relief Scheme will set business gas prices at £75 ($85) per MWh ...

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