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Labour’s ‘green prosperity plan’ faces further cuts

The scale of Labour’s flagship £28bn “green prosperity plan” has been cut further as shadow ministers push back its timing and reduce its expected scope by as much as £8bn a year.

Labour leader Sir Keir Starmer used his conference speech on Tuesday to say he wanted to “speed ahead” with Britain’s approach to the net zero 2050 climate target.

But the party has steadily trimmed the policy over concerns among Starmer’s team about Conservative criticism that the plan would add tens of billions of pounds of debt to Britain’s already strained public finances.

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