Business chiefs who criticised Labour in 2015 turn on Sunak after green U-turn

(The Guardian, 2 Oct 2023) Exclusive: Bosses who signed letter eight years ago now highly critical of PM’s plans to roll back net zero policies.

Business leaders who warned against Ed Miliband in 2015 have now turned on Rishi Sunak, criticising the prime minister’s plans to roll back net zero policies.

Some of Britain’s top entrepreneurs have told the Guardian that the plans have caused uncertainty for business, reduced the country’s international standing and punished investors who made early decisions on net zero based on the original timeline.

During the 2015 general election campaign, when 103 business leaders wrote to the Daily Telegraph to criticise plans by Miliband, the then Labour leader, to scrap zero-hours contracts and reverse a cut to corporation tax.

However, some members of the business community are increasingly frustrated with Conservatives policies including Sunak’s plans to delay the 2030 deadline for all new cars to be electricand the phase-out on installation of gas boilers by 2035, drop energy efficiency targets for landlords, and mooted proposals to scrap the Manchester leg of HS2.

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The Guardian, 2 Oct 2023: Business chiefs who criticised Labour in 2015 turn on Sunak after green U-turn