Labour may curtail green plan to avert Tory attacks
The Guardian|December 23, 2023
Labour is considering scaling back ambitious plans to borrow £28bn a year to invest in green jobs and industry, amid fears that the Conservatives will use the policy as a central line of attack in the general election campaign.
Pippa Crerar, Kiran Stacey
Labour may curtail green plan to avert Tory attacks

The Guardian understands that the Labour leader, Keir Starmer, and the shadow chancellor, Rachel Reeves, will discuss the party's flagship economic policy next month with senior figures pushing to drop the £28bn commitment entirely; others want to retain key elements of the plan.

Labour officials say they intend to keep central parts of their green policy but want to recast them in a way that allows them to stop talking so much about what they cost, focusing instead on what they will achieve.

One insider said some in the party were concerned about how a Labour government would expand the economy without the green plan, and whether it could be politically damaging for Starmer as it could leave him open to charges of "flip-flopping" by the Conservatives.

But they added: "There will be a pivot in the new year and the £28bn price-tag as it exists now is unlikely to survive that. Whatever ultimately happens will be a further watering down of the position. This will be the Tories' number one area of attack so they need to deal with it."

It comes after Reeves delayed plans in June for the green fund to start in the first year of a Labour government, saying it would "ramp up" by the middle of a first parliament, as the leadership looked to review its spending in an attempt to pro its fiscal credibility.

Denne historien er fra December 23, 2023-utgaven av The Guardian.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra December 23, 2023-utgaven av The Guardian.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA THE GUARDIANSe alt
Thousands back fight for girls' toilets at local clubs
The Guardian

Thousands back fight for girls' toilets at local clubs

A coach has sparked a grassroots movement to improve inclusivity in football: by demanding that toilets are opened for girls.

time-read
2 mins  |
November 15, 2024
Tyson happy for money to talk amid mayhem
The Guardian

Tyson happy for money to talk amid mayhem

Despite all the hype, veteran knows there is nothing new to say before the charade of his fight with a YouTube star

time-read
5 mins  |
November 15, 2024
Raducanu in discussions to hire renowned fitness trainer Nakamura
The Guardian

Raducanu in discussions to hire renowned fitness trainer Nakamura

Former US Open champion has struggled with series of injuries throughout career

time-read
3 mins  |
November 15, 2024
'Aussie rules' refereeing upsets Borthwick plans
The Guardian

'Aussie rules' refereeing upsets Borthwick plans

England coach had enough to deal with before the new directive that makes playing attractive rugby even harder

time-read
3 mins  |
November 15, 2024
Erasmus expecting few surprises from England
The Guardian

Erasmus expecting few surprises from England

Whatever else South Africa are expecting from England, it's not a surprise.

time-read
2 mins  |
November 15, 2024
Island mentality British coaches need to broaden their horizons or risk being left behind
The Guardian

Island mentality British coaches need to broaden their horizons or risk being left behind

Sporting have had eight Englishmen, a Scot and a Welshman in the dugout over their history but the last of those was Bobby Robson in 1992.

time-read
3 mins  |
November 15, 2024
Efune insists his £550m bid for Telegraph titles is still on track
The Guardian

Efune insists his £550m bid for Telegraph titles is still on track

The British owner of the New York Sun has said his £550m offer to buy the Daily and Sunday Telegraph is still on track, despite a big potential backer not joining the bid.

time-read
1 min  |
November 15, 2024
Disney hails 'momentum' as blockbusters boost profits
The Guardian

Disney hails 'momentum' as blockbusters boost profits

Disney is trying to roll the credits on its years-long battle to reassure Wall Street and Hollywood that it can dominate a new era of entertainment.

time-read
1 min  |
November 15, 2024
The Guardian

Gas prices in Europe hit one-year high as fears grow over halt to Russian supply

Europe's gas market rose by as much as 5% yesterday to its highest price in a year after one of the continent's biggest gas traders said that there could be a halt on gas supplies from Russia.

time-read
2 mins  |
November 15, 2024
Burberry's new chief delivers welcome dose of reality after fashion house's buyback horror
The Guardian

Burberry's new chief delivers welcome dose of reality after fashion house's buyback horror

The prize for the most hubristic share buyback of recent years goes to Burberry.

time-read
2 mins  |
November 15, 2024