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Labour must prioritise an active industrial strategy to deliver good jobs at scale

8 February 2024

The Labour Party is announcing changes to its Green Prosperity plan and is expected to alter a previous pledge to invest £28bn annually on green energy.

Prospect Senior Deputy General Secretary Sue Ferns responded:

“It is clear the UK needs an ambitious and sustained programme of investment to rejuvenate the economy. Investing in clean energy as part of an active industrial strategy, with long-term commitment, can deliver good jobs at scale where they are most needed, and this must be a priority for Labour.

“This will need strong government leadership, working in partnership with private investors and other stakeholders. Rather than focusing on a number that can change over time, we will judge a new government by the outcomes it delivers.”