West London Business and senior leaders from UK businesses including Amazon, Unilever, Zurich Insurance, Coca-Cola Europacific Partners, AVEVA, Salesforce and Nestle are calling on the Chancellor of the Exchequer to use the Autumn Statement to clearly set out what the government’s priorities are for net zero industries and technologies.
In an open letter which includes 45+ signatories from the UK Business Group Alliance for Net Zero, businesses have written to Chancellor Jeremy Hunt calling for the Autumn Statement to clearly set out what the government’s priorities are for Net Zero industries and technologies.
The transition to a net zero economy is a vital opportunity for the UK economy but for UK businesses to harness these benefits the government needs to provide a clear and consistent long-term strategy, develop a supportive policy environment, send better signals to the private sector about the scale and type of investment needed, and continuously engage with businesses and financial institutions.
Andrew Dakers, CEO, West London Business, said:
“The UK is one of the global leaders in CleanTech, but this advantage is going to be fast lost if we do not have a robust response to the USA’s Inflation Reduction Act. In West London we are home to White City Innovation District at the heart of which is Imperial College London. So in many places the innovation infrastructure is in place, but the government leadership and investment needs to flow.”
Read the full list of quotes from the letter signatories here.