Labour waters down commitment to £28bn green plan. Shadow chancellor Rachel Reeves says borrowing for projects to curb emissions would ramp up gradually. Reeves said while Labour was still committed to its “green prosperity plan”, it would only gradually “ramp up” borrowing to £28bn a year and that the target would be achieved in the “second half of the first parliament” if the party wins the next general election. The plan is by far Labour’s biggest single spending commitment and … read more »
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