Jonathan Reynolds calls for version of US Inflation Reduction Act amid row over future of Labour policy
Britain needs its own ambitious green investment plan to keep up with its allies, a Labour frontbencher has said, amid an increasingly bitter row over whether Keir Starmer should stick to his flagship £28bn pledge.
Jonathan Reynolds, the shadow business secretary, said the UK should come up with its own version of Joe Biden’s $369bn (£290bn) Inflation Reduction Act, which has provided support to a range of technologies including electric cars and renewable power.
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