TokyoTokyo Mon - Fri 10:00-18:00 +81 (366) 701-751
info@mountequitygroup.com

Sunak’s government ‘going backwards’ on green economy, says CBI | Confederation of British Industry (CBI)

Mount Equity Group Tokyo Japan > News > Markets > Sunak’s government ‘going backwards’ on green economy, says CBI | Confederation of British Industry (CBI)

Rishi Sunak’s government is “going backwards” on building a greener economy and lacks a growth plan to soften the blow from recession, the head of the UK’s leading business lobby group has said.

Tony Danker, the director general of the Confederation of British Industry (CBI), said the prime minister’s lack of ambition for the low-carbon economy was leaving business bosses “confused and disappointed” after the progress made under Boris Johnson.

Arguing that the government lost its “biggest champion” in cabinet for green economic growth when Johnson left No 10, Danker said: “In crude terms, most of business thinks the government is going backwards on green, having gone forwards over the past five years.”

He said this was leading to “genuine and widespread concern” in company boardrooms across the country, because bosses believe the low-carbon economy of the future is one area wherer Britain could become a world…

Read more…