Clean economy brings jobs and growth, says Miliband as £100bn invested in green energy

The Guardian23 jun 2026Markt
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Private sector commitments include offshore wind, solar power and electricity grid upgrades, accounting for most of the announced £100bn-plus and scheduled predominantly between 2024 and 2031. Specific items comprise nearly £14bn in Scotland, £7.5bn from Japan’s Sumitomo, £40bn from National Grid for network upgrades, and £1.7bn from Barclays, NatWest, Lloyds and Rothesay for social housing retrofits. The announcement follows the CBI’s earlier estimate that the UK’s net zero economy was worth £105bn in gross value added and supported 1.1 million jobs.

Context

The announcement follows the CBI’s earlier estimate that the UK’s net zero economy was worth £105bn in gross value added and supported 1.1 million jobs.

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