Ineos boss says high energy costs in UK is uncompetitive

The owner of one of the biggest chemical makers in the world has warned that the high cost of energy in the UK is having a damaging impact on British manufacturing.

Jim Ratcliffe, who runs Ineos, a company with £40bn worth of sales worldwide, said expensive energy was making the UK uncompetitive.

The BBC's business editor Robert Peston reports.

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