Government support needed to unlock billions in green business, says industry

Green market could expand from 2% to 13% of UK economy by 2050 with the right policies, says low-carbon group that includes Ikea, Siemens and M&S

The UK could be a green business powerhouse in the next three decades, but only if given proper support by government, a group representing more than 30 low-carbon companies has said.

The low-carbon economy in the UK employs at least 432,000 people, with a turnover of more than 77bn in 2015. This is larger than industries such as car-making and steelmaking, which are frequently given the spotlight when politicians discuss industry and jobs.