The shadow chancellor said 'economic stability must come first' as she scaled back plans to accelerate the shift to net zero - in a move critics branded a 'broken promise'.
"Economic stability, financial stability, always has to come first and it will do with"That's why it's important to ramp up and phase up our plans to get to the investment we need to secure these jobs so that it is also consistent with those fiscal rules to get debt down as a share of GDP and to balance day-to-day spending.
Ms Reeves clarified that the £28bn figure previously aimed for by Labour would be a target to work towards rather than a figure allocated for the plan in the first year of government, as it was originally stated.Advertisement Asked if Labour could end up not borrowing at all in its first year of government for the plan, she said the party was"more ambitious than that" - but refused to give a rough number."We haven't had the final set of numbers by the government so we're not going to give our final set of numbers."
And pressed on why she made the pledge in the first place, the shadow chancellor said:"The truth is I didn't foresee what the Conservatives would do to our economy - maybe that was foolish of me."
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