Ineos idles three Hull plants
7m
Ineos, owned by Sir Jim Ratcliffe, idled three chemical plants in Hull on Tuesday and blamed "ridiculously high" gas prices that made UK operations uncompetitive.
by Prem Sikka
Jim Ratcliffe suspends production at key UK plants as gas prices soar.
High prices due to Trumpian wars, profiteering by energy companies.
UK squandered the North Sea oil revenues, privatised energy. Govt has fewer policy options but can remove green levies from customer bills.
Nationalise energy
High prices due to Trumpian wars, profiteering by energy companies.
UK squandered the North Sea oil revenues, privatised energy. Govt has fewer policy options but can remove green levies from customer bills.
Nationalise energy
Sir Jim Ratcliffe suspends production at key UK plants blaming high gas prices
Ineos said natural gas in the UK is twelve times more expensive than in the US.
www.bbc.co.uk
September 22, 2026 at 4:51 PM
Jim Ratcliffe suspends production at key UK plants as gas prices soar.
High prices due to Trumpian wars, profiteering by energy companies.
UK squandered the North Sea oil revenues, privatised energy. Govt has fewer policy options but can remove green levies from customer bills.
Nationalise energy
High prices due to Trumpian wars, profiteering by energy companies.
UK squandered the North Sea oil revenues, privatised energy. Govt has fewer policy options but can remove green levies from customer bills.
Nationalise energy