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The Guardian - UK
The Guardian - UK
Politics
Kiran Stacey, Fiona Harvey and Peter Walker

Senior MP all but confirms Labour has dropped £28bn green investment target

Keir Starmer speaking in front of a poster of a lake and hills with the words: 'Powering a better future'
Under Keir Starmer, Labour plans to focus on schemes already announced, including setting up a publicly owned energy company. Photograph: Jane Barlow/PA

A senior Labour frontbencher has all but confirmed the party has ditched its commitment to spend £28bn a year on green investment, prompting warnings that the UK risks falling behind other nations in initiatives to tackle the climate crisis.

Darren Jones, the shadow chief secretary to the Treasury, said Labour would decide how much to spend on environmental programmes once it got into government, depending on the individual schemes and the state of the economy.

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