The audience member said: “She was talking about ensuring that everyone shares in the wealth of their work, that everyone gets a fair share of the wealth of the country”.
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In a joint appearance with Shadow Chancellor John McDonnell, Shadow Foreign Secretary Emily Thornberry will say: “For the period 2014 to 2020, the United Kingdom was allocated €10.8 billion ($12.1 billion) in structural funding for our most deprived regions and communities”.
However, Labour on Thursday will also commit to the multi-billion pound pledge to build up the shortfalls to fund for the deprived and dejected regions along with some of the communities too, which will result in the departure of Britain from the European Union.
Labour’s commitment comes as the party publishes a new document entitled “Protecting rights and investment for our communities”, which analyses all the legal rights and funding programmes which now derive from Britain’s membership of the European Union, and says Labour will fight to stop these being scrapped by the Tory Government after Brexit.
Labour will deliver a post-Brexit “manufacturing renaissance” by borrowing billions for a national investment bank, John McDonnell has said.
Mr Livingstone said: “MPs have had the right to challenge Jeremy, why can’t they be challenged to reselection in the run up to the next election?”
Chancellor Philip Hammond has promised projects which have been signed off by this year’s Autumn Statement will have their funding guaranteed even if Britain leaves before 2020. That is not good enough. By this, they can not make any progress.
Mr McDonnell will tell the conference that the rules of globalisation “are being rewritten for us”, with governments around the world moving away from reliance on free markets in favour of intervention. They can not make progress.
Using the steel crisis as an example, he will say: “The winds of globalisation are blowing in a different direction. They are blowing against the belief in the free market, and in favour of intervention”.
“We will not stand by like this one has and see our key industries flounder and our future prosperity put at risk. After Brexit, we want to see a renaissance in British manufacturing”.
“So a future Labour government will not just revive talks on multilateral nuclear disarmament among the world’s great powers, we will make the success of those talks the test of success of our foreign policy”.
“And as we’ve committed ourselves, our government will create an entrepreneurial state that works with the wealth creators, the workers and the entrepreneurs to create the products and the markets that will secure our long-term prosperity”.
Calling for a “new deal” for Britain’s economy after Brexit, McDonnell will tell Labour’s annual conference in Liverpool, northwest England, that the government should actively support Britain’s industries and small businesses. In the field of digital technologies, Britain is well-placed for taking advantages of the manufacturing facilities.
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“Today, one in six manufacturers in the United Kingdom are bringing jobs back to Britain”.
