Keir Starmer announces party will now spend less than £15bn on green projects a year if it wins election
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Labour has cut its green investment plans by half, as Keir Starmer ended weeks of speculation to confirm the biggest U-turn of his leadership in a move designed to bolster the party’s chances at the general election.
Starmer and his shadow chancellor, Rachel Reeves, announced on Thursday that they were cutting the scale of the green prosperity plan from £28bn a year to under £15bn, only a third of which will be new money.
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