Labour Calls for £28 Billion Annual Green Investment to Rebuild UK Economy, Business Leaders Urge Clarity to Unlock Private Finance
• Labour proposed £28bn annual investment in low-carbon economy; business figure says it's a minimum needed to avoid steep decline
• Investment needed to rebuild UK economy and make it fit for future growth areas like low-carbon energy, transport, industry
• Tories criticized for lack of industrial strategy and investment; plans to scale up fossil fuels attracting some private investment
• Without strong public investment, UK risks falling behind global rivals in green economy, losing jobs and economic decay
• Business groups say political clarity needed on public funding to unlock private finance; UK must focus on smart investments, not just size