uk iconUK

McDonnell unveils Labour plans for £400bn in investment

John McDonnell has announced a radical Labour plan to commit £400bn of investment to what he called the twin crises of the climate emergency and social deprivation, saying “future generations would never forgive us” if rapid action was not taken.

McDonnell unveils Labour plans for £400bn in investment
smsfadviser logo

The shadow chancellor used an election campaign speech in Liverpool to outline the economic priorities of the party, and said a Labour government would change the fiscal rules so borrowing for investment would be excluded from borrowing targets.

Read more at the Guardian

Subscribe to Financial Accountant

Receive the latest news, opinion and features directly to your inbox