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Politics
Jun 24, 2026
Analyzed by GPT OSS 120B

Progressive Economists Push Back on Unite’s Attack on Ed Miliband’s Net‑Zero Agenda

AI Summary
More than 40 progressive economists have publicly rejected Unite leader Sharon Graham’s claim that appointing Ed Miliband as chancellor would kill jobs. Their open letter highlights the job‑creating potential of the UK’s net‑zero transition and urges Graham to withdraw her remarks as Labour debates its next Treasury chief.

The Core Dispute Over Miliband’s Net‑Zero Stance

More than 40 progressive economists have written to Sharon Graham, leader of Unite, rejecting her assertion that Ed Miliband would “destroy jobs” if he becomes the next chancellor. The letter comes as Labour prepares for a Treasury reshuffle amid speculation that Miliband is a frontrunner.

Economists’ Open Letter Counters Unite’s Oil Licence Push

The signatories – including Kate Pickett, Danny Dorling, Daniela Gabor and James Meadway – argue that the climate transition is a major source of industrial employment. They urge Graham to withdraw her remarks, emphasizing that the green economy, not additional North Sea oil licences, will drive future job growth.

Economic Numbers Behind the Green Transition

  • The net‑zero economy generates output worth over £100 bn.
  • It currently employs more than 1 million workers in the UK.
  • Growth in the sector is expected to expand both output and employment further.

Implications for Labour’s Treasury Choice and Market Sentiment

The intervention reflects anxiety among some Labour MPs that appointing Miliband could spook financial markets. With Andy Burnham poised to become prime minister and the Treasury vacancy open, the debate pits a green‑focused chancellor against concerns over jobs, skills and national security.

Looking Ahead: Labour Leadership and Fiscal Direction

Burnham’s expected leadership on 17 July, backed by figures such as Wes Streeting, will shape the Treasury appointment. If Miliband is chosen, Labour may double‑down on renationalisation and green investment; if another candidate prevails, the party could adopt a more cautious fiscal stance to reassure markets.