'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

More on Politics

'This must be a wake-up call': Brussels pushes for faster clean power drive

'This must be a wake-up call': Brussels pushes for faster clean power drive

European Commission presents emergency policy package to pull forward electrification and clean power plans in response to Iran War oil and gas shock

Michael Holder
clock 22 April 2026 • 5 min read
Why the May elections really matter for the UK green economy

Why the May elections really matter for the UK green economy

The regional and local elections across England, Scotland and Wales on 7 May are not just another political milestone - they are a test of the narrative around climate action itself, writes Sizzle CEO Trewin Restorick

Trewin Restorick
clock 22 April 2026 • 4 min read
UN climate chief Simon Stiell: 'Fossil fuel stagflation is now stalking economies'

UN climate chief Simon Stiell: 'Fossil fuel stagflation is now stalking economies'

UNFCC executive secretary argues 'climate cooperation is key to fending off the twin-reapers of global heating and fossil fuel cost chaos'

Michael Holder
clock 21 April 2026 • 5 min read