DS Smith calls for UK energy classifications and public investment as inflation hits supply chains

DS Smith is issuing a call for energy classifications and public investment in energy infrastructure in response to the threat of inflating prices and supply chain disruptions.

The UK is facing almost double the energy costs as Europe, according to DS Smith.“Like other manufacturers, we are committed to the UK, but the energy to deliver goods and services here comes at nearly double the cost of that in Europe. Looking ahead, businesses’ ability to invest in UK growth, UK jobs, and UK-grown green tech could become compromised without government intervention, so we welcome the commitment to reform R&D tax credit and to cut tax rates on business investment in the Autumn.”

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