Brexit

Now we’ve had time to digest it, will Brexit affect the UK’s energy industry?

Unless you have been living under a rock, you would have heard that the UK voted to leave the European Union in a historic referendum. The result of the referendum was quickly followed by the resignation of Prime Minister David Cameron who said he did not want to be the leader that would take the UK down this path.

Throughout the referendum campaign trail we had heard a lot about the negative impacts Brexit would have on the UK economy and more specifically the UK’s energy industry. However, now the UK will definitely be leaving the EU, industry expects are reacting to the news.

Will Brexit affect your energy prices?

You will know by now that Britain will be holding a referendum on the 23rd of June to decide whether to continue as a member of the European Union. This decision could have a huge impact on the cost of energy for businesses. The Government and more importantly the energy secretary Amber Rudd, have already backed the ‘stay’ campaign and numerous publications stating the impact of a Brexit have been released.