Afternoon summary
Sir Mark Carney, the former governor of the Bank of England, has defended his claim that the UK economy has shrunk from being 90% the size of Germany’s to 70% the size of it since Brexit. See 9.25am.
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Sunak praises king for working on climate 'long before Cop1, let alone Cop27'
Rishi Sunak praised the king’s long record as an environmental campaigner in the speech he gave at the Cop27 reception at Buckingham Palace earlier.
According to PA Media, Sunak paid tribute to Charles for “helping to find practical solutions to climate change and biodiversity loss for more than 50 years, long before Cop1 let alone Cop27”. He added:
The reduction in global emissions pledged during our presidency is now equivalent to more than six times the annual emissions of the entire global aviation industry.
Sunak said perhaps the greatest breakthrough of the UK’s presidency of Cop26 was an idea suggested by Charles – bringing together leading investors and businesses at Glasgow to direct the world’s wealth at protecting the climate. He went on:
As a result of what many of you here are doing today, we’re turning the fight against climate change into a fantastic source of new green jobs and growth.
Charles ended the day by planting a lime tree in Buckingham Palace’s garden as part of the Queen’s Green Canopy project – thought to be the first time he has carried out a tree-planting ceremony as monarch. The initiative has planted more than a million trees across the UK to honour and celebrate the Queen’s 70 years of service to the nation.
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