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Written question asked by Gareth Snell (Labour) on Wednesday, 13 May 2026, in the House of Commons. It was due for an answer on Monday, 18 May 2026. It was answered by Chris McDonald (Labour) on Wednesday, 20 May 2026 on behalf of the Department for Business and Trade.


Agriculture: Energy

Question

To ask the Secretary of State for Business and Trade, what assessment he has made of the potential impact of energy costs on business investment in the agricultural sector.

Answer

The Government recognises that energy costs are a significant factor influencing business investment decisions, including in the agricultural sector. We understand the challenges that high industrial electricity prices present to businesses. This is why we are addressing wholesale and network costs through long‑term investment in clean, homegrown power to reduce exposure to volatile fossil fuel prices.

The Competition and Markets Authority (CMA) have put the industry on notice that they are monitoring fuel prices closely, including red diesel which is used in agriculture, and will not hesitate to take action if companies are found to have breached consumer protection law.


Secondary information

Type
Written question
Reference
176
Session
2026-27
Subjects
Agriculture Investment Energy Prices
Contains statistics
Yes
Link
View this Written question on www.parliament.uk