Industry-wide survey reveals concern and confusion over energy costs

Whilst energy costs have become a critical issue across many areas of industry only 28 per cent of energy intensive businesses are tapping into available assistance and help, according to a recent survey of industry leaders.

Carried out during November 2022 by MA Business (publisher of  industry titles including The Engineer, Printweek, Eureka, Manufacturing Management and Machinery) the survey asked respondents across a range of sectors about their attitudes to rising energy costs, the actions they are taking to address the impact of these price rises, and whether they are aware of – or already accessing – available independent support or advice.

Conducted during November 2022, the survey was completed by 243 senior-level respondents working in sectors ranging from automotive through to telecoms & utilities. 35 per cent of respondents are at director level of above, whilst the most heavily represented sector is manufacturing, which accounts for 44 per cent of the total response.