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...High Speed 2 is set to get the green light to dig a 4.5-mile tunnel under central London within weeks, with the government expected to release over £1bn of taxpayer cash for the work, according to Whitehall...
...A green energy tycoon who plans to donate £5mn to the UK’s Labour party has been ordered by the High Court to inform his wife before he hands over more cash....
...Tata Steel is receiving £500mn of state support to help its transition to producing green steel through electric arc furnaces, which are less carbon-intensive and require fewer workers....
...The New Deal is the latest Labour policy package to be dialled down after the party in February slashed its previous pledge to borrow £28bn a year for green investment....
...With me here in the FT studio are Political fix regulars Miranda Green. Hi, Miranda. Miranda GreenHello, Lucy. Lucy FisherAnd Jim Pickard. Hi, Jim. Jim PickardHello....
...They gave the story about the green plan for the Guardian . . . Robert ShrimsleyJust the way you wrote it, Jim. (Jim laughs) You just missed the story. Jim PickardYeah, I know....
...Letter in response to this article: Britain’s green innovators— the smart money gets it / From Di Gilpin, Founder and CEO, Smart Green Shipping, Dumfries, Dumfries and Galloway, UK...
...the green shoots of renewal,” she added....
...The intervention by the main opposition party came after the Financial Times reported this week that HS2, the state-owned company building the controversial railway, would soon get the green light to start...
...Starmer also allocated money to the green plan from a previous promise to introduce a new, tougher levy on the North Sea oil industry....
...Yousaf’s break with the Greens was driven by a belief within the SNP that their influence was distancing the government from mainstream public opinion....
...But the Labour leader’s volte-face on his green investment plan showed how hard that is, even in opposition....
...It was Reeves who pledged in 2021, when interest rates were close to zero, that a Labour government would borrow £28bn a year for green capital spending....
...Gething had campaigned on pledges to raise education standards, improve the Welsh NHS, build more homes and deliver more green jobs....
...Petrochemicals billionaire Sir Jim Ratcliffe has blamed Europe’s “suffocating bureaucracy” and environmental red tape for pushing companies to invest outside the bloc, admitting that he would not have agreed...
...Lucy FisherAnd also here is the FT’s Jim Pickard. Hello, Jim. Jim PickardHi....
...Sir Keir Starmer has defended his flagship “green prosperity plan”, insisting borrowing billions of pounds to invest in low-carbon projects is essential “investment in the future” — while admitting it could...
...Stark’s resignation comes just months after prime minister Rishi Sunak’s decision to roll back a series of green measures, as well as drawing up legislation to encourage more oil and gas drilling in the...
...The £28bn figure — part of Labour’s “green prosperity plan” — has been slashed to under £5bn a year of spending on green projects....
...The union plan “presents significant financial, operational and safety challenges, and delays the transition to green steel by two years”, said Rajesh Nair, Tata Steel chief executive....
...Lucy FisherAnd Jim Pickard. Hi, Jim. Jim PickardHello....
...“It should not be outside anyone’s imagination to squeeze some other capital spending into the GPP, whether it’s ‘green social housing’ or ‘green railways’ or whatever else.”...
...Labour also appeared to lose support to the Greens in wards with large Muslim populations....
...The government said the UK was “leading the world” and it expected to support the creation of 480,000 green jobs by 2030. It added it would publish its “green jobs plan” this year....
...Asked if Labour could tweak the green prosperity plan further ahead of the election, Starmer dodged the question....
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