Business Live with Ian King: Labour to ditch £28bn green prosperity plan, Sky News understands

Join Ian King and guests for all the latest business news from the City, as Labour will announce on Thursday that it is scaling back its flagship green prosperity plan, Sky News understands. The policy will not be dropped altogether, but the party is ditching the financial target to spend £28bn a year on environmental schemes. While, continued strong demand for its blockbuster cancer treatments and a big drop in its costs has helped the drugmaker AstraZeneca to more than double its annual profits. The UK's biggest company by stock market value, which this year celebrates its 25th anniversary, reported a full year pre-tax profit of $6.9billion. That compared with $2.5billion in 2022 #Business #Profit #Retail #Sales #Economy #CostOfLiving #Green #Labour #LabourParty #KeirStarmer #AstraZeneca #Live #SkyNews Read more ????https://trib.al/x7hAerC Latest business news ???? https://trib.al/unXvp4J Money advice blog ???? https://trib.al/wEeVvFT SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales