MediaResponding to the news that OpenAI are halting their Stargate UK data centre project because of high energy bills, Sam Richards CEO of pro-growth campaign group Britain Remade, said:
“OpenAI halting their flagship British investment is a stark warning: Britain is becoming too expensive to build in. When global tech firms cite sky-high energy costs and slow regulation ministers must pay attention and meaningfully act.
“You cannot deliver growth or become an AI superpower with some of the highest industrial electricity prices in the developed world. Investors will simply go elsewhere.
“If ministers are serious about growth, they must act now to bring down energy bills for industry and business as well as remove the barriers to building. Until we fix that, we’ll keep losing jobs, investment and the industries of the future to countries that are cheaper, faster and more serious about growth.”