Chancellor Jeremy Hunt unveiled the first step of the Government’s response to the US’ multibillion-dollar investment in green technology with a swipe at Joe Biden. “While taxpayer support is important to kick-start new industries, we need to leverage billions more in private capital,” Mr Hunt said. The Chancellor is waving the white flag in the global race for green jobs. Other countries are matching the ambition of the US, UK business says we must, but Tory dogma says No. “Other countries are matching the ambition of the US, UK business says we must, but Tory dogma says No,” the MP said.

Source: The Times March 30, 2023 03:15 UTC