Reeves Says Labour Will Spend £37.5 Billion on Insulating Homes mdi-fullscreen

Labour have scrapped the headline figure of £28 billion a year in their green spending plan, attempting to pull the wool over voters’ eyes on how much their plans will cost the country. As Guido has said before, that won’t stop them borrowing, spending and hitting taxpayers’ wallets…

Rachel Reeves has said millions of families will save an average of £445 on energy bills under their plans to insulate 5 million homes in 5 years. That all sounds well and good. The only problem is that, true to form, the sums don’t add up…

To insulate a home and bring them into the efficiency ‘band C’ costs an average of £7,500. So if Labour are committed to their pledges, it will cost the government £37.5 billion. Which means it will cost you…

mdi-tag-outline Black Hole
mdi-account-multiple-outline Rachel Reeves
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