We learnt two key things about Labour’s approach to foreign policy during David Lammy’s speech at the Fabian Society today.
First, Labour will frame its £28bn-a-year Green Prosperity Plan as a response to the US Inflation Reduction Act, which funnelled billions of dollars of tax credits into green industries. That’s smart. Polling for the New Statesman has found that the Green Prosperity Plan, while popular, attracted much more opposition (31 per cent) than the other Labour policies surveyed. The shadow foreign secretary knows his brief won’t dominate the next election but, as he set out at Chatham House in January, he believes that our problems at home – from inflation to energy security – are shaped by what the government does abroad. Connecting the green investment policy, which is Labour’s most expensive, in voters’ minds to trade and economic growth could help to boost its popularity.
Content from our partners
