Article 4XTHC Avoid UK recession by kickstarting green economy, says thinktank

Avoid UK recession by kickstarting green economy, says thinktank

by
Richard Partington Economics correspondent
from Economics | The Guardian on (#4XTHC)

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.

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