UK urged to ‘level up’ on green tech subsidies to match US and EU

A DS Smith plant in the US. CEO Miles Roberts said uncertainty over the Tories’ energy plans was making it more difficult to invest in new facilities in the UK. Photograph: DS Smith/Reuters

The UK should “level up” its investment in green technologies to match the US and the EU, according to the chief executive of the FTSE 100 packaging company DS Smith.

Speaking days before the chancellor Jeremy Hunt’s spring budget, Miles Roberts said the UK government needed to give a clear signal of its long-term plans, particularly for low-carbon power generation.