The UK’s industrial landscape could be in for a major shake-up.

Labour has unveiled a bold Industrial Strategy aimed at transforming Britain’s energy-intensive sectors - with a promise to cut electricity costs for heavy users by up to 25% by 2027.

This long-awaited reform is big news for over 7,000 manufacturers across the UK, many of whom have long warned that the high cost of power has undermined their global competitiveness.

For over 40 years, the Radio Teleswitch Service (RTS) has helped homes across the UK manage their heating, hot water, and electricity usage - especially those on time-of-use tariffs like Economy 7 and Economy 10. But that era is coming to an end.

RTS is being phased out, and if your property or portfolio still uses an RTS meter, it's time to act.

• Client: Family-run care home

• Problem: Locked into a 3-year electricity contract at 34p/kWh

• Issues Found: No account reviews, billing errors, and overcharges

• Our Solution: Mid-contract strategies, supplier negotiation, long-term cost planning

• Outcome: £12,000/year saved through corrections and smarter procurement

Utility renewals often get left until the last minute or passed off as a formality — but making the wrong move can cost your business thousands. Here are five common mistakes we see, and how to avoid them.