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Today in Focus

Labour’s £28bn green policy U-turn

Today in Focus

The Guardian

News, Daily News

4.65.9K Ratings

🗓️ 9 February 2024

⏱️ 34 minutes

🧾️ Download transcript

Summary

Keir Starmer has abandoned his totemic pledge on green investment amid fears it opens the party to attacks on its economic credibility. Is he being too timid? Kiran Stacey and Fiona Harvey report. Help support our independent journalism at theguardian.com/infocus

Transcript

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0:00.0

This is the Guardian.

0:09.0

Today, why labour junked its big green transformation and why it might come back to bite them. Today in Focus is

0:25.0

Focus is supported by Skipton Building Society.

0:30.0

Is it time you revived your savings?

0:34.0

Research shows there are billions of pounds in UK current accounts

0:38.0

earning little or no interest.

0:40.0

So is it about time you reviewed your finances to ensure your savings are working as hard as they should be?

0:47.0

Skipton Building Society is offering a free simple conversation with one of the saving specialists to see if they can help

0:55.2

you make more of your money. Book a My Review with your local branch or visit Skipton.

1:01.5

co. UK slash my review.

1:04.0

Whatever pot you've got, Skipton Building Society could help.

1:09.0

They understand that everyone's savings, big or small, are different but equally important. A conversation

1:16.3

with one of their savings specialists could help revive your savings. Find out

1:22.4

how and book on my review for free. savings. It's been rumored for months. It was splashed in the Guardian on Wednesday, and on

1:45.0

Thursday evening, Kiestama finally confirmed his party's centerpiece

1:49.7

environmental policy, an ambitious plan to spend 28 billion pounds a year in the next parliament

1:56.5

to turn the UK's economy green, future proof it.

2:00.6

It was getting slashed.

2:02.4

What we're announcing today is that we won't be making further investments

2:07.0

and therefore we won't reach the 28 billion which is effectively stood down.

2:12.0

Starma says in power, he'd end the economic chaos of the past few years,

2:18.0

and the UK just can't afford to spend that kind of money.

...

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