A poll of UK business leaders has found the vast majority would support a British version of US President Joe Biden’s Inflation Reduction Act, which subsidises domestic investment in green technologies.
In total, 78.9% of the 859 Institute of Directors (IoD) members who were polled backed the idea. Most of those in favour said they supported the plan because it would help tackle climate change, while a significant minority of those in support said it would “level the playing field with the EU and the US”.
