What Is The Inflation Reduction Act For 2024 Uk. The aim, miliband told the audience of business people, think tankers and politicos, is to mirror the us president joe biden’s inflation reduction act. British prime minister rishi sunak said on friday he was talking to the united states and european union about the u.s.

The inflation reduction act contains $500 billion in new spending and tax breaks that aim to boost clean energy, reduce healthcare costs, and increase tax revenues. As attention zeroes in on the chancellor’s autumn statement, edie explores if this is the uk’s last major chance to respond to the inflation reduction.