This isn't really true though. Borrowing over the quarter is completely in line with OBR's expectations. Borrowing was higher than expected in June, lower than expected in May, overall no deviation to the OBR's forecast. Economists in the city just got it wrong...

The strategy doubles down on green transport with support for zero emissions vehicles and sustainable aviation. Low-carbon transport technologies, such as battery powered electric vehicles, are growing much faster than their fossil fuel equivalents around the world. 5/8

Second, heat pumps. Once again, there’s a global manufacturing shortage. The UK has one of the largest heating and cooling industries in Europe but is currently specialised in boiler manufacturing. We know that there is significant overlap in making boilers and heat pumps 3/8

First, Wind. The UK has seen some of the fastest growth in offshore wind energy in the world, but has been slow to develop an industry around the supply chain. With supply shortages emerging, it is a great time for to invest in expanding wind manufacturing in Britain. 2/8

UK gov needs to support companies making these investments and building these business models, especially now that tariffs are in play. The prize is a modern, competitive transport manufacturing sector that drives jobs and exports across the UK.

Many UK manufacturers are making the investments needed to compete on these technologies. E.g. 35% of UK car exports are already electric or hybrid, Rolls-Royce is innovating to improve the energy efficiency of their jet engines, and are working on zero-emissions flight

The future of transport is zero- and low-carbon. Where these technologies exist, they are seeing significant growth in trade and displacing fossil-fuel based technologies

The UK already has a strong industrial base for transport products - we're able to make cars, vans, jet engines, aircraft wings and more

From the article - apparently it's not doing well enough for someone 🤷‍♂️