The Government’s promise of battery technology investment is a re-announcement of funding - Long-Bailey

Rebecca Long-Bailey MP, Labour’s Shadow Secretary of State for Business, Energy and Industrial Strategy, commenting on the Government’s industrial strategy announcement, said:

‘’Today’s ‘announcement’ is something of a damp squib. The Government’s promise of investment in battery technology is simply a re-announcement of funding promised back in April as part of the Industrial Strategy Challenge Fund, and their record of supporting emerging green industries is abysmal.

“Labour’s plans for energy market reform would see consumers’ bills slashed by £120 and our industrial strategy to create one million good jobs and ensure that we find 60 per cent of our energy from renewable sources by 2030 has real teeth, backed up our £250 billion National Transformation Fund.

“This scale of vision and investment is what is needed to transform the UK economy, not a re-announcement of the same small pot of funding.’’