Morning Call

Morning Call

Share this post

Morning Call
Morning Call
Morning Call: The £28bn retreat
Copy link
Facebook
Email
Notes
More

Morning Call: The £28bn retreat

Labour pitches to the right on the economy.

Freddie Hayward's avatar
The New Statesman's avatar
Freddie Hayward
and
The New Statesman
Feb 08, 2024
∙ Paid
13

Share this post

Morning Call
Morning Call
Morning Call: The £28bn retreat
Copy link
Facebook
Email
Notes
More
4
Share
Freddie Hayward, Author at New Statesman
Freddie

Good morning. And that is that. The end. The £28bn is no more. Labour will today scrap its commitment to spend £28bn a year on the green transition.

The figure was always a mirage. The real policy – the policy that will actually decide what Labour does in government – is the party’s fiscal rules. Modelling from the think tank Labour Together, as G…

Keep reading with a 7-day free trial

Subscribe to Morning Call to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 The New Statesman
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More