British glass industry warns 120,000 jobs at risk over Ed Miliband's Net Zero levies
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British glass industry warns 120,000 jobs at risk over Ed Miliband's Net Zero levies.
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Britain's glass manufacturing industry has warned that around 120,000 jobs across its supply chain could be placed at risk as foreign investors reportedly hold back billions of pounds in planned spending.Trade body British Glass said the Government's extended producer responsibility levy is driving investment overseas at a critical moment for the sector.The organisation warned the policy risks undermining domestic manufacturing while increasing reliance on cheaper imports from abroad.Nick Kirk, director of British Glass, said the UK needed to remain attractive to international investors both economically and politically.
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TRENDING Stories Videos Your Say He said: "As an economy but also from a policy point of view."Britain's glass sector contributes more than £2billion annually to the economy and produces between 3.5 million and four million tonnes of glass every year.The industry is particularly exposed to overseas investment decisions because five of the six main packaging...
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