'Investors spooked': Rishi Sunak confirms speech on the future of UK's net zero plans

'No clear impetus from government'

clock • 7 min read

Investors and business leaders have responded furiously to reports government is planning to roll back key climate policies, warning proposals will undermine UK investment and international standing

Prime Minister Rishi Sunak last night confirmed he will give a major speech within days on the future of the UK's Net Zero Strategy, after leaked documents revealed the government is planning a major roll back of a host of key decarbonisation policies. In an unusual move, Sunak issued a statement late last night in response to BBC reports that the government was planning to delay, dilute or scrap at least six major environmental policies. "For too many years politicians in governments of all stripes have not been honest about costs and trade-offs," Sunak said. "Instead they have taken...

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