Labour Party Denies Claims of Watering Down £28bn Green Spending Plan

Officials Deny Allegations

A fresh row has erupted within the Labour Party as officials strongly deny claims that Sir Keir Starmer, the party leader, is considering watering down their promise to spend £28 billion per year on green initiatives. Sources within Starmer's office suggest that the target may not be reached due to the state of public finances, leading to pressure to reduce the plan's cost.

Labour Party Responds

A Labour Party spokesperson has hit back against these claims, stating that it is "categorically untrue" that Sir Keir had requested the plans to be watered down. They reaffirmed that all policies would adhere to Labour's fiscal rules and that the position on the green prosperity plan remained unchanged. The spokesperson emphasized that Labour would continue to invest in jobs and energy independence through the green prosperity plan.

Original Promise

In 2021, the Labour Party had pledged to invest £28 billion per year until 2030 in green projects if it came into power. However, last summer, shadow chancellor Rachel Reeves stated that the figure would be a target to work towards in the second half of a first parliament.

Additional Challenges

Labour is also facing challenges regarding benefits, with Starmer aiming to crack down on the issue but fearing a potential revolt from his MPs.