Labour to commit almost £22bn to fund carbon capture and storage projects | Carbon capture and storage (CCS)
Rachel Reeves will invest billions of pounds in public sector investment in her Budget after the Government announced plans to spend almost £22bn over 25 years funding carbon capture and storage projects. We are paving the way to increase this. In what is expected to be one of Parliament's biggest green spending commitments, the Chancellor, […]
Rachel Reeves and the £22bn black hole – podcast | News
Rachel Reeves MP stood before a packed House of Commons on Monday and accused the Conservative government of concealing a £21.9 billion overspending. She announced a series of spending cuts, including cuts to winter fuel payments for 10 million pensioners. “She knows that the key to political success is leading the narrative,” says the Guardian’s […]
Reeves accuses Hunt of £22bn lie; nonsense, he says. What’s the truth? | Economic recovery
Rachel Reeves has accused her outgoing Chancellor Jeremy Hunt of lying about the state of the national finances when he inherited a Labour government, a claim which Mr Hunt dismissed as “utter nonsense”. What’s the problem? Since Reeves took office, an audit carried out by the Treasury has found that government departments are likely to […]