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Business lobby group: EU energy rules 'destroying UK jobs'

European Union energy rules have played a growing role in 'destroying British jobs', an independent business campaign group claims.

According to a report by Business for Britain, rising energy costs threaten 1.5 million jobs in the energy intensive sector, with 363,000 being at high risk.

The group concludes that member states need the power to "block, amend or leave" EU laws.

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EU energy regulations 'aren't working'

"The EU's energy regulations aren't working and we are already paying the price for their failure," the head of an independent business campaign group said.

Matthew Elliott is the chief executive of Business for Britain, which is behind a new study that found 1.5 million British jobs are threatened by rising energy prices.

The EU's energy regulations aren't working and we are already paying the price for their failure. Poorly designed policy and unrealistic targets have conspired to help push up energy bills and put jobs at risk, but failed to open up the market to cross border trade.

Renegotiation offers a once in a generation opportunity to get a better deal for British businesses and fix the EU's broken energy policy. It's time for the Commission to make good on its commitment to subsidiarity and allow member states to decide themselves how they meet EU emissions targets.

– Matthew Elliott

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