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Starmer's secret plan for energy prices is terrifying

When Sir Keir Starmer pulled back from Labour’s commitment to spend £28 billion per year on green projects, it was no surprise. The number never made sense given the other pressures on public spending. Unless Labour intended to increase either income tax & National Insurance or VAT by a large amount – in the region of raising VAT’s standard rate from 20 per cent to 24 per cent – it would have been extremely difficult to afford. ....

United Kingdom , Keir Starmer , Michael Kelly , National Insurance , Tata Steel , Sir Keir Starmer , Net Zero , South Wales , Electricity Consumption ,