'The fiscally responsible choice': Labour clarifies plan to deliver £28bn in annual green investment by 2027

Michael Holder
clock • 6 min read
Kier Starmer arrives at the Labour conference last year | Credit: Kier Starmer, Twitter
Image:

Kier Starmer arrives at the Labour conference last year | Credit: Kier Starmer, Twitter

Party insists it remains fully committed to borrowing to invest in UK green economy if it wins next election, but acknowledges it will not achieve £28bn target until second half of Parliament

Labour has today confirmed further details of its hotly-anticipated Green Prosperity Plan, clarifying that it would seek to ramp up investment in low carbon infrastructure to £28bn a year from around 2027...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Michael Holder
Author spotlight

Michael Holder

Editor

View profile
More from Michael Holder

ABP gets green light for 'UK's largest' floating solar farm

REA launches industry coalition to boost clean power for UK data centres

More on Politics

Good COP or bad COP? Weighing up the Belém Summit's successes and failures
Politics

Good COP or bad COP? Weighing up the Belém Summit's successes and failures

COP30 may not have delivered the outcome climate science shows the world needs, but it demonstrated that the multilateral UN Paris Agreement process is alive, writes Corporate Leaders Group UK director Bev Cornaby

Bev Cornaby, Corporate Leaders Group UK.
clock 27 November 2025 • 6 min read
Here's how Britain's new energy flexibility market facilitator can force order and cut bills
Politics

Here's how Britain's new energy flexibility market facilitator can force order and cut bills

The flexibility Market Facilitator has the potential to become a cornerstone of our modern energy system - but potential is not enough, writes Labour MP and ADE vice president James Naish MP

James Naish MP
clock 27 November 2025 • 3 min read
Budget: There was good news for climate action, but it was hidden among the chaos
Politics

Budget: There was good news for climate action, but it was hidden among the chaos

Rachel Reeves sent a series of mixed signals to the green economy, which could have been avoided if only there had been a clearer narrative

James Murray
James Murray
clock 26 November 2025 • 7 min read