Jonathan Reynolds responds to the Government's green industry announcement

Responding to the Government’s green industries announcement, Jonathan Reynolds, Labour’s Shadow Secretary of State for Business and Trade said;

“While the Government scrambles to catch up in the race for green jobs Labour has been making the case for a modern industrial strategy to back British business for years.

“Under Labour our industrial heartlands will get the backing they need with an industrial strategy built to last supporting our plan for green steel, new gigafactories and GB energy. Labour’s British jobs bonus will make sure that investment is directly targeted at the energy workers and communities who will power our future.

“The truth is that endless flip-flopping from 13 years of Tory failure has left Britain behind in the global race for the jobs of the future. The Chancellor admits this won’t respond for another two years putting us yet further behind. After 9 different growth plans by the Tories, it is no wonder we have the lowest business investment in the G7.

“Through our long-term industrial strategy and Green Prosperity Plan Fund investing alongside business, only Labour has the real credible plan to get our economy growing, create jobs and cut energy bills.”

Ends.

Notes:

• Labour’s Industrial Strategy Industrial-Strategy.pdf (labour.org.uk)
• IPPR report showing cost of delay Business groups back new IPPR blueprint to end flip-flopping and to get serious about green industrial growth | IPPR