Firms will hesitate to invest in UK after Sunak’s climate U-turns, says Mark Carney
by Richard Partington Economics correspondent from Economics | The Guardian on (#6FB1P)
Former Bank of England governor says businesses prioritise countries with clean power and consistent strategies
Rishi Sunak watering down the UK's climate commitments has damaged Britain's position on the world stage for business investment, according to the former Bank of England governor Mark Carney.
In highly critical comments, Carney indicated that global companies would now think twice about locating their activities in the UK after Sunak pushed back key net zero deadlines and sanctioned new oil and gas drilling.
Continue reading...