UK businesses urge new government to cut energy levies and taxes

Britain’s new prime minister must slash energy levies paid by businesses to speed up economic ​growth, a leading employers group and an energy ‌trade body said on Tuesday.

With former Manchester mayor Andy Burnham poised to enter Downing Street, the Confederation of British ​Industry and Energy UK said 40 per cent of firms ​were cutting investment due to high energy costs ⁠with electricity prices 45 per cent above the Group of Seven ​median....