UK risks being left behind in race for good green jobs and investment

Responding to the energy measures announced in today’s Budget, Prospect union’s Senior Deputy General Secretary Sue Ferns said:

“Whilst the long overdue launch of Great British Nuclear and green labelling for nuclear are welcome, the Chancellor’s announcements today have not met the scale of President Biden’s Inflation Reduction Act and the EU’s Green Deal Industrial Plan. Without comparable investment, the UK risks being left behind in the race for good green jobs and investment.

“The Government must urgently commit significant funding for full-scale nuclear plants and SMRs to give private investors the confidence to invest in the UK’s nuclear renaissance, and capitalise on the UK’s head start in offshore wind to cement our position as the world leader in this fast-growing sector.”