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submitted 9 months ago by GreyShuck@feddit.uk to c/uk_politics@feddit.uk
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[-] autotldr 1 points 9 months ago

This is the best summary I could come up with:


Darren Jones, the shadow chief secretary to the Treasury, said on Friday Labour would decide how much to spend on environmental programmes once it got into government, depending on the individual schemes and the state of the economy.

Party officials have been discussing for weeks what to do about the £28bn commitment, which was made by the shadow chancellor, Rachel Reeves, in 2021, but which has been steadily scaled back since then.

Asked earlier this month by the BBC’s Laura Kuenssberg whether the promise would make it into the party’s manifesto, Starmer said: “In the way I’ve just described, then yes, of course.”

A party spokesperson told the Guardian two weeks ago: “We are committed to Labour’s green prosperity plan to drive growth and create jobs, including our plan to ramp up to £28bn of annual investment in the second half of the parliament, subject to our fiscal rules.”

Jones’s comments on Friday, however, reflect a new strategy by the party to drop the £28bn figure and focus instead on the schemes they have already announced, including a home insulation rollout and a new publicly owned energy company.

Those schemes however, add up to just under £10bn a year, meaning the party’s ambitions have now, in effect, been scaled back by two-thirds.


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this post was submitted on 02 Feb 2024
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