Labour has slammed the brakes on its flagship pledge to spend £28billion-a-year on investing in green energy projects.
In a major shift, Shadow Chancellor Rachel Reeves admitted the 2021 commitment might not be reached until the "second half of the first Parliament" if Labour won the next election.
The plan, announced in 2021, was to be funded from borrowing, and spent on green projects like offshore wind farms and developing batteries for electric vehicles.