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UK Plans ‘Green Day’ in Response to Biden Climate Subsidies

  • British program unlikely to rival those of US, EU, people say
  • Hunt, Shapps trying to avert UK investment being sucked abroad
Manufacturing Of The TX Electric Black Taxi At The London EV Co. Factory
Photographer: Simon Dawson/Bloomberg
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The UK government will announce a raft of environmental policies by the end of March in response to US President Joe Biden’s massive package of green subsidies, several people familiar with the matter said.

The plan has internally been titled “Green Day” and will include measures to protect jobs in British industries such as electric vehicle production, which may come under threat from the US Inflation Reduction Act and the EU’s Green Industrial Plan, according to the people, who spoke anonymously about unannounced policies.