The UK has a competitive advantage over the rest of the world in a third of green products and services, giving it a head start in the race to achieve net zero, according to an upbeat report by a left of centre thinktank.
Firms are well placed to manufacture many of the most crucial green products – from electric trains to heat pump components – despite 40 years of decline that have left the UK industrial base smaller than many of its competitors, the Institute for Public Policy Research (IPPR) said.