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Inflation Reduction Act and Low Carbon Industries | Energy Security and Net Zero | Commons debates

Instead of properly responding to America’s Inflation Reduction Act, the Government held a meeting with businesses yesterday—you might not have seen it, Mr Speaker, as it did not make any of the front pages. Was the global investment summit not just a distraction from the same old fundamentals—business confidence is down, exports are down, and growth forecasts are down after 13 years of instability and uncertainty? Does the Secretary of State think that lack of business confidence is because her Government trashed the economy last year, because her Government told business to eff off, or because, as Mark Carney said, the Government have “juvenilised” the climate debate instead of using it as a driver of good jobs? Does she not agree with those from a global pension fund I spoke to this morning who said it is time we got some adults in the room?