Newspaper article The Journal (Newcastle, England)

Labour Will Get Economy 'Working' Again

Newspaper article The Journal (Newcastle, England)

Labour Will Get Economy 'Working' Again

Article excerpt

Byline: JONATHAN WALKER Political editor

LABOUR leader Jeremy Corbyn says that as Prime Minister he would deliver a PS500bn programme of investment to create jobs nationwide.

And he highlighted a proposed new rail service to Newcastle as a key example of how the money would be spent.

Mr Corbyn promised "investment on a scale our country has never known, bringing good new jobs and fresh growth to where you live".

Labour's would spend a massive PS500bn to turbo-charge the economy outside London and the South East, the Labour leader said.

He told party activists in Brighton: "Labour will get our economy working in every town city and region with a record investment blitz, and we'll boost the devolved budgets in Wales and Scotland.

"We'll upgrade our transport energy and broadband infrastructure with 250 billion pounds of investment. And breathe new life into every community, with a further 250 billion of capital for businesses and co-ops."

And he added: "Let me give you a concrete example of what it will mean. Labour will invest in Crossrail for the North to link our great Northern cities, from Liverpool to Hull and up to Newcastle in the North East. And we'll restore the bus services that have been cut leaving people isolated from their communities."

Mr Corbyn had been due to deliver his keynote speech to the party conference today, but it was bought forward to yesterday after the Supreme Court ruled that Mr Johnson's decision to suspend Parliament was unlawful. MPs will now resume sitting in the House of Commons tomorrow.

The Labour leader also highlighted a number of the key policies that Labour has set out at its conference, including: ? Scrapping zero-hours contracts; ? Introducing a PS10 minimum hourly wage for everyone from the age of 16; ? Free personal care, ending huge fees for many elderly people; ? Giving the workforce a 10% stake in large companies, paying a dividend of up to PS500 a year to every employee; ? N? No more university tuition fees. …

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