Momentum, the left-wing pressure group set up to support former leader Jeremy Corbyn, said the speech Labour’s plans were “disappointing” and failed to “rise to the huge crises facing Britain”.
So actually investing in the economy, instead of imposing more austerity? Or is it just too unrealistic to hope for that?
This is the best summary I could come up with:
Stepping on to traditional Conservative election ground, Rachel Reeves promised to cut waste and drive growth in her speech to Labour conference.
Ms Reeves said Labour would “wage a war against fraud, waste and inefficiency”, including a “crackdown on Tory ministers’ private jet habit”.
Ms Reeves was also labelled “a serious economist” who “understands the big picture” by former Governor of the Bank of England Mark Carney, in a video played after the speech.
Earlier, Shevaun Haviland, Director General of the British Chambers of Commerce, welcomed the proposals, saying long-term investment in infrastructure was a “key ingredient to get our economy back to growth”.
Momentum, the left-wing pressure group set up to support former leader Jeremy Corbyn, said the speech Labour’s plans were “disappointing” and failed to “rise to the huge crises facing Britain”.
On Monday, the Labour leadership was for a showdown with Unite - historically the party’s biggest financial backer - over the union’s call to nationalise critical infrastructure, starting with privatised electricity and gas networks.
The original article contains 820 words, the summary contains 168 words. Saved 80%. I’m a bot and I’m open source!
