Avoid UK recession by kickstarting green economy, says thinktank

New Economics Foundation calls for 50bn to reboot economy on greener footing

The government fightback against the next recession should include pumping as much as 50bn into green projects, in a move that would help reboot the economy and tackle the climate emergency, according to a left-leaning thinktank.

Against a backdrop of concern among economists that Britain is ill-equipped to combat another downturn on the scale of the 2008 financial crisis, the New Economics Foundation thinktank said a green plan to beat a future slump was required.