Labour’s pledge to spend £28 billion a year on green technology is not the “holy grail”, the party’s business spokesman has said as he further watered down the flagship policy. Jonathan Reynolds conceded that the party’s pledge may not be reached for a few years, as he was quizzed about the party’s ­fading commitment to the policy. The shadow business secretary ­described the policy as a sign of the party’s “level of ambition” and would only be met once the … read more »

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