LONDON — Faced with a clash between driving growth and going green, the new U.K. Labour government has sent a signal about its priorities: staying in power trumps all.
Prime Minister Keir Starmer’s government is poised to relax rules on U.K. electric vehicle (EV) sales, which are central to his government’s climate ambitions but have faced intensive lobbying from the car industry.
The pace of the switch to climate-friendly EVs is having “negative effects” on the car market and on the U.K.’s “attractiveness” to investors, the Society of Motor Manufacturers (SMMT) warned last week.
And with growth central to Labour’s hopes of staying in office by turning around a stagnant U.K. economy, Starmer’s top team is clearly listening.