A FORMAL end to the Korean war was promised by the leaders of the North and South today, 65 years after fighting ceased.
A landmark summit took place between South Korean President Moon Jae In and North Korean leader Kim Jong Un after the latter became the first head of the Pyongyang regime to cross the heavily fortified border dividing the peninsula since the 1953 armistice.
The two leaders posed for a handshake in the demilitarised zone, even sharing a light-hearted moment when Mr Kim promised Mr Moon that he would stop waking him up with early morning missile tests.
The summer of 1950 saw Labour abandon further nationalisation while escalating Korean War spending from £2.3m to £4.7m, as the government meekly accepted capitalism’s licence and became Washington’s yes-man, writes JOHN ELLISON


