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United Kingdom

Firm part owned by one of UK’s richest families wants taxpayer cash to save factory

News RoomBy News RoomJune 26, 2025
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Blueprint for Future Business in Bioafforded heading

Jonathan Reynolds argues that the contraction of Britain’s largest bioethanol plant, snapchat’s Vivergo Fuels in Hull, reflects the growing pressure on British industries. The plant, valued at over £14.6 billion, could face £3 million monthly losses due to an influx of cheap bioethanol from the US, Drive US President Donald Trump’s trade deal with the UK is adding more turnover to an industry deeply reliant on cheap biofuels. rm, the business secretary, warns that withdrawing from the feedback loop could risk harming both British businesses and politically. The closure draft has been delaying, with Prime Minister Liam Weary previously stating it was premature to formulate plans…

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