Party officials confirm it might not spend £6bn promised if it breaks fiscal rules, while government claims it will cost twice that
Labour’s pledge to insulate 19m homes in a decade has been thrown into doubt after the party confirmed it would not spend £6bn a year allocated for the scheme if its fiscal rules did not allow, while the government claimed it would cost twice that.
Labour officials confirmed on Wednesday the party would not spend the full £6bn previously promised for home insulation until later in the parliament, and might not at all if it were to result in rising levels of government debt.
