UK should invest in green economy instead of tax giveaways, study shows

Teesside wind farm at the mouth of the River Tees. Photograph: Gary Calton/The Observer

The UK should invest £26bn a year in a low-carbon economy to revive prosperity instead of planning tax giveaways that will only lead to further stagnation, leading economists have advised.

Investing in energy infrastructure, transport, innovation in new technologies such as AI, and the natural environment would boost the UK’s economy rapidly, the research found.