Reeves speech had a giant hole: the sky-high cost of energy for industry | Nils Pratley

Businesses say the chancellor’s response to the problem is too timid and more radical thinking is needed We’ll have closer trade relations with the EU, be the fastest adopters of AI in the G7, shift some tax revenues to the regions and squash the Nimbys if they stand in the way of growth “corridors”. It’s a plan. Or, at least, it’s a sketch of a plan since the EU will surely have its own ideas on what it wants from trade renegotiations. Still, Rachel Reeves’ big resetting speech this week set...

By Nils Pratley