IT’S TIME to “close down Nato and invest in peace, in jobs and in hope,” Labour MP Jeremy Corbyn told marchers who rallied against the military alliance’s summit in Newport at the weekend.

He told thousands of people in the Welsh city’s historic Westgate Square that the cold-war era organisation should have “shut up shop, given up and gone away” when the Soviet-led Warsaw Pact dissolved in 1991.

Mr Corbyn pointed out that Nato has never been a defensive organisation, as it was set up six years before the Warsaw Pact.