MANCHESTER, England: Britain needs to cut industrial energy bills that are the highest among major advanced economies if its aspirations for a healthy manufacturing sector are to succeed, industry body Make UK said on Monday.
Prime Minister Keir Starmer’s government is working on an industrial strategy to put British manufacturing — hit hard by Brexit, soaring energy costs and global trade wars — on a solid footing for the years ahead.
Manufacturing association Make UK said it should cancel climate levies imposed on industrial energy costs and adopt a fixed industrial energy price.
Britain had the highest industrial energy prices out of any International Energy Agency member country in 2023, reflecting its dependence on gas and its role in setting electricity prices.
“If we do not address the issue of high industrial energy costs in the UK as a priority, we risk the security of our country,” Make UK chief executive officer Stephen Phipson said.
“We will fail to attract investment in the manufacturing sector and will rapidly enter a phase of renewed de-industrialization.”
Britain has de-industrialized — defined as the share of manufacturing in overall economic output — faster than in any other major European country over the last 30 years, according to a Reuters analysis of national accounts data.
Manufacturing hit a record low 9 percent of economic output last year, crowded out by the dominant services sector which now drives the majority of the country’s exports — a first among Group of Seven advanced economies.
Alan Johnson, a senior executive for manufacturing, supply chain and purchasing at Nissan Motor, said its Sunderland plant in the north east of England had the highest energy costs out of any of its facilities in the world.
“The proposals being put forward by Make UK ... would send a strong message to investors that the UK remains committed to creating a more competitive environment for electric vehicle manufacturing,” Johnson said.
High energy costs threaten UK manufacturing’s future, industry warns
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High energy costs threaten UK manufacturing’s future, industry warns
- Manufacturing association Make UK said it should cancel climate levies imposed on industrial energy costs and adopt a fixed industrial energy price
Indonesia’s first woman president awarded honorary doctorate by Princess Nourah University
- Megawati was recognized for her leadership and contributions to social, legal affairs
- She has received 10 other honorary degrees from Indonesian and foreign institutions
JAKARTA: Megawati Sukarnoputri, who served as Indonesia’s fifth president and was the country’s only female head of state to date, has been awarded an honorary doctorate by Princess Nourah bint Abdulrahman University in Riyadh, becoming the first foreign national to receive the title.
Megawati, the eldest daughter of Indonesia’s first President Sukarno and chairwoman of the country’s largest political party, the PDIP, served as president from 2001 to 2004.
The 79-year-old was awarded an honorary doctorate in organizational and legal affairs in Riyadh on Monday during a ceremony overseen by Princess Nourah University’s acting president, Dr. Fawzia bint Sulaiman Al-Amro.
“This recognition was given in appreciation of her efforts during her presidency, her significant contributions to social, organizational, and legal fields, and her role in strengthening institutional leadership in Indonesia,” the university said in a statement.
This is Megawati’s 11th honorary doctorate. She has received similar degrees from Indonesian and foreign universities, including the Moscow State Institute of International Relations in 2003 and the Soka University of Japan in 2020.
She has also been awarded the title of honorary professor by several institutions, including by the Seoul Institute of the Arts in 2022.
“We gather at the Princess Nourah bint Abdulrahman University, a university that stands as a symbol of women’s progress in education, knowledge and public service … To see so many intelligent women, I feel very proud,” Megawati said in her acceptance speech.
“Women’s empowerment is not a threat to any values, culture or tradition. It is actually a condition for nations that believe in their future … A great nation is one that is able to harness all of its human potential. A strong nation is one that does not allow half of its social power to be left on the sidelines of history.”
Megawati is the longest-serving political leader in Indonesia. Indonesia’s first direct presidential elections took place during her presidency, consolidating the country’s transition to democracy after the downfall of its longtime dictator Suharto in 1998.
