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Labour's climate climbdown - how damaging is it?

20 minutes | Thursday, 8 February 2024

After weeks of confusion, Sir Keir Starmer has finally announced a row back in Labour's pledge to spend £28bn a year on its flagship green prosperity plan. While the policy will not be completely scrapped, the climbdown comes in the form of the party's spending commitments. The party says the £28bn target will be dropped due to uncertain public finances, and comes a week after Labour's shadow chancellor Rachel Reeves refused to commit to the green spending target ten times, in an interview with Sky's Beth Rigby. On Sky News Daily, Niall Paterson explores this latest backtrack with our deputy political editor Sam Coates and our science and technology editor Tom Clarke. Podcast producers: Sydney Pead and Alex Edden Assistant producer: Evan Dale Editor: Wendy Parker

Labour's climate climbdown - how damaging is it?
Sky News Daily

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