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The government’s net zero strategy will “support up to 440,000 jobs” by 2030, a business minister has said – as he announced a move towards the end of the sale of new petrol and diesel cars.

The new plan, published on Tuesday, has the intention of dramatically reducing greenhouse gas emissions to reach the government’s aim of net zero by 2050.

It comes less than two weeks before world leaders will meet at the COP26 climate summit in Glasgow to discuss how to reduce the effects of climate change.

A British Gas boiler controller.
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It is the government’s “ambition” that no gas boilers will be sold by 2035

Making a statement on the government’s aims in the Commons, Greg Hands told MPs the strategy “is not just an environmental transition, it represents an important economic change too”.

But Greenpeace UK’s head of politics, Rebecca Newsom, described the government’s strategy as “more like a pick and mix than the substantial meal that we need to reach net zero”.

Announcements in the strategy include:

• An aim to fully decarbonise the power system by 2035

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• Path towards all heating appliances in homes and workplaces from 2035 being low carbon

• An “ambition” that by 2035 no new gas boilers will be sold

• £450m three-year Boiler Upgrade Scheme to offer households grants for low-carbon heating systems

• £60m Heat Pump Ready programme

• To secure a decision on a large-scale nuclear plant by 2024

• 40GW of offshore wind by 2030

• To deliver 5GW of hydrogen production capacity by 2030 while halving oil and gas emissions

• To end sale of new petrol and diesel cars by 2030 with £620m for zero emission vehicle grants

• £2bn investment to help half of journeys in towns and cities to be cycled or walked by 2030

• £120m to develop small modular nuclear reactors

A review published by the Treasury says “the costs of global inaction significantly outweigh the costs of action” to tackle climate change.

The document, released alongside the government’s net zero strategy, says it is not possible to forecast how individual household finances will be hit over the course of a 30-year transition to net zero greenhouse gas emissions.

FILE PHOTO: General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain September 5, 2018. REUTERS/Phil Noble//File Photo
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Ministers have set a target of 40GW of offshore wind by 2030

Mr Hands told the Commons the strategy will see the UK government fully embracing the “green industrial revolution” and will help the UK “to level up” and “get to the front of the global race to go green”.

“We need to capitalise on this to ensure British industries and workers benefit,” he said.

“I can therefore announce that the strategy will support up to 440,000 jobs across sectors and across all parts of the UK in 2030.

“There’ll be more specialists in low carbon fuels in Northern Ireland and low carbon hydrogen in Sheffield.

“Electric vehicle battery production in the North East of England, engineers in Wales, green finance in London and offshore wind technicians in Scotland.

“This strategy will harness the power of the private sector, giving businesses and industry the certainty they need to invest and grow in the UK to make the UK home to new ambitious projects.

“The policies and spending brought forward in the strategy along with regulations will leverage up to £90 billion of private investment by 2030 levelling up our former industrial heartlands.”

Britain's Prime Minister Boris Johnson sits on a bike as he visits a trade stall inside the conference venue at the annual Conservative Party conference, in Manchester, Britain, October 5, 2021. REUTERS/Phil Noble
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The government say they want half of journeys in towns and cities to be cycled or walked by 2030

The business minister, who is in charge of the energy brief, told MPs that switching to cleaner sources of energy will reduce Britain’s reliance on fossil fuels and will “bring down costs down the line”.

Mr Hands added that the government “will also introduce a zero emission vehicle mandate that will deliver our 2030 commitment to end the sale of new petrol and diesel cars”.

In strategy documents released on Tuesday, the government says it will invest £620m in grants for electric vehicles and street charging points.

Ministers are also promising an additional £350m to help the automotive supply chain transition to electric.

Vehicle manufacturers will also be made to sell a proportion of clean cars every year, the plans also reveal.

Referring to the government’s strategy as “half-hearted policies”, Greenpeace UK’s Ms Newsom said: “With just eight years left to halve global emissions, the government can’t just keep dining out on its ‘ambitious targets’. Until the policy and funding gaps are closed, Boris Johnson’s plea to other countries to deliver on their promises at the global climate conference next month will be easy to ignore.”

Greg Hands makes a statement
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Energy minister Greg Hands said the strategy will help the UK ‘get to the front of the global race to go green’

Shadow energy secretary Ed Miliband said the plan “falls short on delivery” and that “there is nothing like the commitment we believe is required”.

He added: “The Chancellor’s fingerprints are all over these documents and not in a good way. So we’ve waited months for the heat and buildings strategy – it is a massive let down.”

Shaun Spiers, executive director at Green Alliance, said “mandating car manufacturers to sell more clean vehicles, supporting the switch to heat pumps and cleaning up our energy grid are essential steps to cutting emissions over the coming decade”.

He added: “But we need a more ambitious response from the chancellor at the spending review to turn these promises into jobs, growth and benefits to consumers – and if the government truly wants to level up the country, we’ll need much more investment once the dust has settled on the COP26 Glasgow climate summit.”

David Wright, chief engineer at National Grid, said the government needs to set out what tackling climate change “means in practice”.

“We’re at a critical stage in the journey where net zero is possible with the technologies and opportunities we have today and, in order to deliver on this, we have to accelerate and ramp up efforts to deploy long-term solutions at scale,” he said.

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AstraZeneca exit is a frightening prospect for the City and the government

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AstraZeneca exit is a frightening prospect for the City and the government

It’s a threat that will send a shiver down the spine of Downing Street and shake the City of London to its core.

Even the notion that AstraZeneca (AZ) – the UK’s most valuable listed company – is thinking of upping sticks and switching its stock market listing to America is a frightening prospect on many levels.

After all, if your biggest firm departs for Wall Street, what message does it send to an already bruised London stock market that has struggled to find its way since the UK’s vote to leave the European Union?

Money latest: Cash in your pocket set to change

The timing of the report in The Times that Pascal Soriot, the pharmaceutical company’s long-standing chief executive, is considering his own Brexit for the company, will not be lost on anyone.

The Treasury is under severe strain and the Starmer government, apparently focused on compromise given its welfare reform U-turns, bruised.

Ministers have been scrambling to get the support of business back, after a budget tax raid that has added to the cost of employing people in the UK, by launching a series of strategies to demonstrate a growth-led focus.

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Mr Soriot’s reported shift is the culmination of years of frustration over UK tax rates and support for business – though it could also remove a focus on his own remuneration as the highest-paid director of a UK-listed firm.

Astrazeneca Boss Pascal Soriot
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Pascal Soriot has run AZ since 2012

AZ has its own gripes with Labour.

In January, the company cancelled a planned £450m investment in a vaccine factory on Merseyside, accusing the government of reneging on the previous Conservative administration’s offer of financial aid.

At the same time, it has been rebuilding its presence in the United States.

That speaks to not only a home market snub but also the election of a US president intent on protecting, as he sees it, America-based companies and jobs.

Donald Trump is threatening 25% tariffs on all pharma imports.

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How Trump’s tariffs are biting

AZ has already promised a $3.5bn (£2.6bn) investment in US manufacturing by the end of 2026.

It has also rejoined the leading US drug lobby group, bolstering its voice in Washington DC.

There are sound reasons for bolstering its US footprint; more than 40% of AZ’s revenues are made in the world’s largest economy. Greater US production would also shield it from any duties imposed by Mr Trump and any MAGA successor.

Since Brexit, complaints among UK stock market constituents have been of low valuations compared to peers (with a weak pound also leaving them vulnerable to takeovers), weaker access to capital and poor appetite for new listings.

Wise, the money transfer firm, became the latest UK name to say that it intends to move its primary listing to the US just last month.

Pic: Europa Press via AP
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Shein had been exploring a London flotation until it was blocked. Pic: Europa Press via AP

If followed through, it would tread in the footsteps of Flutter Entertainment and the building equipment suppler CRH – just two big names to have already left.

London was snubbed for a listing by its former chip-designing resident ARM back in 2023.

An initial public offering by Shein, the controversial fast fashion firm, had offered the prospect of the biggest flotation for the UK in many years but that was blocked by the Chinese authorities.

Efforts to bolster the City’s appeal, such as through the Financial Conduct Authority’s overhaul of listing rules and the creation of pension megafunds to aid access to capital, have also been boosted in recent months by investors in US companies taking a second look at comparatively low valuations in Europe.

Market analysts have charted a cash spread away from the US as a hedge against an erratic White House.

The Times report suggested that Mr Soriot’s plans were likely to face some opposition from members of the board, in addition to the UK government.

Pic: itock
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The City of London has faced a series of challenges since Brexit Pic: iStock

AstraZeneca has not commented on the story. Crucially, it did not deny it.

But a government spokesperson said: “Through our forthcoming Life Sciences Sector Plan, we are launching a 10-year mission to harness the life sciences sector to drive long-term economic growth and build a stronger, prevention-focused NHS.

“We have already started delivering on key actions, from investing up to £600m in the Health Data Research Service alongside Wellcome, through to committing over £650m in Genomics England and up to £354m in Our Future Health.

“This is clear evidence of our commitment and confidence in life sciences as a driver of both economic growth and better health outcomes.”

Governments don’t comment on stories such as these, but you can bet your bottom dollar that the departure of your biggest firm by market value is not the message a government laser-focused on growth can afford to allow.

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‘Catastrophic failure’ led to Heathrow power outage – with chances missed to prevent it

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'Catastrophic failure' led to Heathrow power outage - with chances missed to prevent it

A power outage that shut Heathrow Airport earlier this year, causing travel chaos for more than 270,000 passengers, was caused by a “catastrophic failure” of equipment in a nearby substation, according to a new report.

Experts say the fire at the North Hyde Substation, which supplies electricity to Heathrow, started following the failure of a high-voltage electrical insulator known as a bushing, before spreading.

The failure was “most likely” caused by moisture entering the equipment, according to the report.

Photo taken with permission from the social media site X, formerly Twitter, posted by @JoselynEMuirhe1 of the fire at Hayes electrical substation. More than 1,300 flights to and from Heathrow Airport will be disrupted on Friday due to the closure of the airport following the fire. Issue date: Friday March 21, 2025.
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The fire at Hayes electrical substation, which led to Heathrow Airport shutting down in March. Pic: @JoselynEMuirhe1/PA

National Grid, which owns the substation, missed two opportunities to prevent the failure, experts found, the first in 2018 when a higher-than-expected level of moisture was found in oil samples.

Such a reading meant “an imminent fault and that the bushing should be replaced”, according to guidance by the National Grid Electricity Transmission.

However, the report by National Energy System Operator (NESO) said the appropriate responses to such a serious issue were “not actioned”, including in 2022 when basic maintenance was postponed.

“The issue therefore went unaddressed,” the report added.

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Moment Heathrow substation ignites

The design and configuration of the airport’s internal power network meant the loss of just one of its three supply points would “result in the loss of power to operationally critical systems, leading to a suspension of operations for a significant period”, the report added.

Heathrow – which is Europe’s biggest airport – closed for around 16 hours on 21 March following the fire, before reopening at about 6pm.

Around 1,300 flights were cancelled and more than 270,000 air passenger journeys were disrupted.

The North Hyde electrical substation which caught fire. More than 1,300 flights to and from Heathrow Airport will be disrupted on Friday due to the closure of the airport following the fire. Picture date: Friday March 21, 2025.
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The North Hyde electrical substation which caught fire. File pic: PA

Tens of millions of pounds were lost, thousands of passengers were stranded, and questions were raised about the resilience of the UK’s infrastructure.

More than 71,000 domestic and commercial customers lost power as a result of the fire and the resulting power outage, the report said.

NESO chief executive, Fintan Slye, said there “wasn’t the control within their [National Grid’s] asset management systems that identified that this [elevated moisture levels] got missed.

“They identified a fault, [but] for some reason the transformer didn’t immediately get pulled out of service and get repaired.

Smoke rises from a fire at the North Hyde Electricity Substation.
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Smoke rises following the fire

“There was no control within the system that looked back and said ‘oh, hang on a second, you forgot to do this thing over here’.”

Sky’s science and technology editor, Tom Clarke, pointed to the age of the substation’s equipment, saying “some of these things are getting really very old now, coming to the end of their natural lives, and this is an illustration of what can happen if they are not really well maintained”.

The report also highlights a lack of joined-up thinking, he said, as “grid operators don’t know who’s critical national infrastructure on the network, and they don’t have priority”.

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Heathrow bosses were ‘warned about substation’

Responding to the report’s findings, a Heathrow spokesperson said: “A combination of outdated regulation, inadequate safety mechanisms, and National Grid’s failure to maintain its infrastructure led to this catastrophic power outage.

“We expect National Grid to be carefully considering what steps they can take to ensure this isn’t repeated.

“Our own Review, led by former Cabinet Minister Ruth Kelly, identified key areas for improvement and work is already underway to implement all 28 recommendations.”

In May, Ms Kelly’s investigation revealed that the airport’s chief executive couldn’t be contacted as the crisis unfolded because his phone was on silent.

Stranded passengers at Heathrow Terminal 5.
Pic: PA
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Stranded passengers at Heathrow Terminal 5 following the fire
Pic: PA

Energy Secretary Ed Miliband, who commissioned the NESO report, called it “deeply concerning”, because “known risks were not addressed by the National Grid Electricity Transmission”.

Mr Miliband said energy regulator Ofgem, which opened an investigation on Wednesday after the report was published, is investigating “possible licence breaches relating to the development and maintenance of its electricity system at North Hyde.

“There are wider lessons to be learned from this incident. My department, working across government, will urgently consider the findings and recommendations set out by NESO and publish a response to the report in due course.”

National Grid said in a statement it has “a comprehensive asset inspection and maintenance programme in place” and said it has “taken further action since the fire”.

This includes “an end-to-end review” of its oil sampling process and results, further enhancement of fire risk assessments at all operational sites, and “re-testing the resilience of substations that serve strategic infrastructure”.

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A spokesperson said: “We fully support the recommendations in the report and are committed to working with NESO and others to implement them. We will also cooperate closely with Ofgem’s investigation.

“There are important lessons to be learnt about cross sector resilience and the need for increased coordination, and we look forward to working with government, regulators and industry partners to take these recommendations forward.”

The Metropolitan Police previously confirmed on 25 March that officers had “found no evidence to suggest that the incident was suspicious in nature”.

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UK content creators demand formal recognition from the government

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UK content creators demand formal recognition from the government

The UK’s YouTubers, TikTok creators and Instagram influencers have been surveyed on mass for the first time ever, and are demanding formal recognition from the government.

The creator economy in the UK is thought to employ around 45,000 people and contribute over £2bn to the country in one year alone, according to the new research by YouTube and Public First.

But, despite all that value, its workers say they feel underappreciated by the authorities.

Max Klyemenko, famous for his Career Ladder videos, wants the government to take creators like himself more seriously. Pic: Youtube
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Max Klyemenko, famous for his Career Ladder videos, wants the government to take creators like himself more seriously. Pic: Youtube

“If you look at the viewership, our channel is not too different from a big media company,” said Max Klymenko, a content creator with more than 10 million subscribers and half a billion monthly views on average.

“If you look at the relevancy, especially among young audiences, I will say that we are more relevant. That said, we don’t really get the same treatment,” he told Sky News.

Fifty-six per cent of the more than 10,000 creators surveyed said they do not think UK creators have a “voice in shaping government policies” that affect them.

Only 7% think they get enough support to access finance, while just 17% think there is enough training and skills development here in the UK.

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Nearly half think their value is not recognised by the broader creative industry.

The creative industries minister, Sir Chris Bryant, said the government “firmly recognises the integral role that creators play” in the UK’s creative industries and the fact that they help “to drive billions into the economy” and support more than 45,000 jobs.

“We understand more can be done to help creators reach their full potential, which is why we are backing them through our new Creative Industries Sector Plan,” he said.

Ben Woods said the government needs to "broaden its lens" to include creators
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Ben Woods said the government needs to “broaden its lens” to include creators

“The UK has got a fantastic history of supporting the creative industries,” said Ben Woods, a creator economy analyst, Midia Research who was not involved in the report.

“Whether you look at the film side, lots of blockbuster films are being shot here, or television, which is making waves on the global stage.

“But perhaps the government needs to broaden that lens a little bit to look at just what’s going on within the creator economy as well, because it is highly valuable, it’s where younger audiences are spending a lot of their time and [the UK is] really good at it.”

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According to YouTube, formal recognition would mean creators are factored into official economic impact data reporting, are represented on government creative bodies, and receive creator-specific guidance from HMRC on taxes and finances.

For some, financial guidance and clarity would be invaluable; the ‘creator’ job title seems to cause problems when applying for mortgages or bank loans.

Podcaster David Brown owns a recording studio for creators
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Podcaster David Brown owns a recording studio for creators

“It’s really difficult as a freelancer to get things like mortgages and bank accounts and credit and those types of things,” said podcaster David Brown, who owns a recording studio for creators.

“A lot of people make very good money doing it,” he told Sky News.

“They’re very well supported. They have a lot of cash flow, and they are successful at doing that job. It’s just the way society and banking and everything is set up. It makes it really difficult.”

The creative industries minister said he is committed to appointing a creative freelance champion and increasing support from the British Business Bank in order to “help creators thrive and drive even more growth in the sector”.

The government has already pledged to boost the UK’s creative industries, launching a plan to make the UK the number one destination for creative investment and promising an extra £14bn to the sector by 2035.

These influencers want to make sure they are recognised as part of that.

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