Jeremy Corbyn launched ten pledges for his leadership campaign this month, detailing how the Labour Party will rebuild and transform Britain when it returns to government. The focus is on the economy – and not just because the Tories’ dreadful mismanagement and poor planning are helping to push us into recession. It is also because there is a chance now to unwind 30 or more years of neglect by successive governments.
The figures are stark. While the whole country is crying out for investment to deliver the high-skilled, secure jobs of the future, half of all government investment spending in England goes to London. Only by committing resources in a serious way can we hope to turn around left-behind Britain. That’s why Jeremy has called for a £500bn investment programme, backed up by a national investment bank and a network of regional banks.
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