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Next government warned 'you can't be pro-growth without being pro-green'

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02 Jul 2024

The Confederation of British Industry (CBI) has warned the new government that the UK economy cannot be separated from net-zero.

The business group stated that the next government can't be pro-growth and deliver for people and communities without being pro-green.

A report published by the CBI entitled 'Going for Green' revealed that the next government could add as much as £57 billion to the UK economy from green growth by 2030. It outlined five steps to 'recharge' the economy, including:

  • Making net-zero part of a revitalised pitch for 'brand Britain'
  • Creating an Office for Net-Zero
  • Generating a Net-Zero Investment Plan
  • Making use of transformational technology
  • Backing rapid grid growth.

Rain Newton-Smith, Director General of the CBI, said: 'With input and knowhow from every sector, we feed into government how it can fine-tune our economic performance, supercharge our strengths and help the UK get ahead of the competition and win in the race for green growth.'

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The government must 'make every taxpayer pound count' in the Spending Review, the Federation of Small Businesses (FSB) has warned.

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