Labour would invest £28bn a year in tackling the climate crisis, Rachel Reeves has announced in the party’s biggest spending pledge to date.
'I will be a responsible chancellor, I will be Britain's first green chancellor,' Reeves said at Labour's conference in Brighton.
Labour would invest £28bn a year towards a 'green transition', quadrupling the government’s current capital investment, and Reeves said the party will commit to spending £224bn on climate measures over the next eight years