Ex-Bank of England chief economist 'laments' Labour U-turn on £28bn green pledge
Sky News Sky News
7.4M subscribers

 Published On Feb 12, 2024

A former chief economist at the Bank of England has said he "laments" Labour's decision to axe its pledge to spend £28bn every year until 2023 on green investments.

Speaking to Sky's Sophy Ridge, Andy Haldane said the original promise "led the world" in ambition, and would have benefitted Britain - both in achieving its net zero goals and stimulating growth.

Mr Haldane added: "The scaling back of our plans in the UK, at the same time as other countries have stepped up their plans, is unfortunate."

Read more: https://trib.al/U19cGzh

#BankofEngland #Economy #Environment #Politics

SUBSCRIBE to our YouTube channel for more videos:    / skynews  
Follow us on Twitter:   / skynews  
Like us on Facebook:   / skynews  
Follow us on Instagram:   / skynews  
Follow us on TikTok:   / skynews  

For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-n... Android https://play.google.com/store/apps/de...

Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/

Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí:    / @skynewsespanol  

To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales

show more