UK Rules Out Bailout for Bioethanol Industry After US Trade Deal
Government declines financial aid despite industry concerns over market impact
The British government has confirmed it will not provide a bailout for the country's bioethanol industry, which has been hit hard by a new trade agreement with the United States.
Industry leaders have warned that the deal could flood the market with cheaper imports, threatening domestic producers, but ministers insist no financial intervention is planned.
Industry leaders have warned that the deal could flood the market with cheaper imports, threatening domestic producers, but ministers insist no financial intervention is planned.
