welcome to world business report, i m ben thompson. we start in the us where the white house has denied starting a subsidy war following criticism of its massive support for green investments. president biden s administration is spending billions to help electric car firms, chip makers and the green energy industry with loans and tax breaks. one uk manufacturer has told the bbc it s worried britain can t compete on a level playing field and warns that companies are considering moving their investment to the united states. our economics editor faisal islam reports. british industry is facing a new dilemma when deciding where to invest to build key components for future green technology. massive hand outs from the us government has changed the game. morning, guys, how are you? this isjohn neil, he runs unapart which makes parts for every major uk car manufacturer, and he is worried. the americans are redefining the free enterprise system. and i m genuinely very, very worried
it taken so long? i that long to bring this in. why has it taken so long? it taken so long? i think you hit the nail on it taken so long? i think you hit the nail on the it taken so long? i think you hit the nail on the head it taken so long? i think you hit the nail on the head there, - it taken so long? i think you hit the nail on the head there, andi it taken so long? i think you hit. the nail on the head there, and we could apply this notjust the nail on the head there, and we could apply this not just the gambling but to many aspects of government legislation and government legislation and government attention. you may have noticed that there is quite a lot of turmoil of late in terms of a rapid succession in prime ministers, constant reshuffles of government ministers. it was 2020 when 0liver dowden, who was culture secretary who is now deputy prime minister. we are going tojump who is now deputy prime minister. we are going to jump across you, sorry to interrupt
is about flipping it so there is a shared is about flipping it so there is a shared responsibility and an acceptance that if you have addictive products sold to you every way you addictive products sold to you every way you look in society, anyone can -et way you look in society, anyone can get addicted to them, and that is the approach i hope the statutory levy and the approach i hope the statutory levy and the people involved and it will take levy and the people involved and it will take. like matt james, look, thank will take. like matt james, look, thahkyou will take. like matt james, look, thank you very much for sharing your story thank you very much for sharing your story with thank you very much for sharing your story with us thank you very much for sharing your story with us and going through all of that story with us and going through all of that so story with us and going through all oftha . . , story with us and going through all of that so clearl
for those under 25. restrictions for land based casinos will be relaxed to level the playing field between physical and online betting. for example, machine number limits for smaller casinos are expected to increase from 20 to 80. plans to use some of the money raised from the new levy for nhs treatment in future. previously, funding from a voluntary levy has not been welcomed by health leaders. not much change around advertising and marketing is expected which would be a big disappointment for campaigners who feel gambling ads are now endemic in sport. with more on this i am nowjoined by our political correspondent david wallace lockhart. david, i guess with six gambling ministers since this was announced, three prime ministers, four culture secretary is, that goes to explain why it has been over two and a half years, it has taken the government that long to bring this in. why has
levy, can she tell is exactly what this levy will be? labour welcomes the new powers for the gummi commission that the minister must confirm if they will get extra resources to map this response entity. the gambling commission have been found by the nao to have insufficient capacity regulate the industry, and now they will have better things to regulate so is the secretary confident they will have capacity? in terms of affordability checks, we know that further sharing between gambling companies is badly needed and i details of the checks and consultation however it is vital affordability checks are set independently from the industry so can the secretary of state provided reassurance on this? weapons we do my next point, the minister makes reference to state limits and mechanisms which we welcome but will they be based on how dangerous a product is, who will decide that? it took years and the resignation of a submission of a minister to get state limits on fixed odds betting terminals