Politics
Sunak Eyes $3.8 Billion of Green Spend to Fuel U.K. Recovery
- Plans include funding to make public buildings, homes greener
- Stakes raised by recent job losses at major U.K. companies
A cyclist travels along the Thames Path in view of the Houses of Parliament in London on May 11.
Photographer: Jason Alden/BloombergThis article is for subscribers only.
The U.K. will pump 3 billion pounds ($3.75 billion) into environmental projects as part of its plans to protect jobs in the wake of the coronavirus pandemic.
But the government’s own climate advisers warned that the announcement does not come close to the scale of investment in green recovery measures being made in countries such Germany and France.