Labour to hold crunch talks on future of £28bn green investment plan

Starmer has spent much of the past few weeks insisting he remains committed to the plan first announced by Rachel Reeves (right) in 2021. Photograph: Stefan Rousseau/Stefan Rousseau / PA

Senior Labour officials are to hold crunch meetings on the future of the party’s pledge to spend £28bn a year on green investment, amid reports Keir Starmer is preparing to ditch the entire plan.

Party sources said on Friday that officials would meet in the coming days to discuss the green prosperity plan, which would see a Labour government spend £28bn on environmental schemes each year by the second half of the next parliament.