No 10 denies claim by chancellor that emissions target will cost UK £1tn

Philip Hammond said reaching net zero target would mean less money for schools and hospitals

Downing Street has shot down claims made by the chancellor, Philip Hammond, that tackling the climate crisis would cost 1tn and require spending cuts for schools, hospitals and the police force.

No 10 said plans to create a net zero carbon economy would cost no more than the UK's existing plans to reduce greenhouse gas emissions.