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The Bank of England
SHADOW chancellor John McDonnell offered City bankers a “fresh start” today, claiming they, along with trade unions and manufacturers, had a role to play in Labour’s “radical" policymaking.
But he warned that a Labour government would not be as hands off as previous governments and he would not apologise for believing “in the need for finance to serve the wider economy rather than becoming the overpowerful master of everything else.”
Speaking at Labour’s Future of the Financial Sector conference at Bloomberg’s new British headquarters in London, he criticised the light-touch approach to the City.
While politicians fixate on defence budgets, the real answers lie in peace-building and economic justice, says ALAN SIMPSON
LUKE FLETCHER outlines Plaid Cymru bold plans for wide-ranging policy consultations with trade unions in Wales
Starmer sabotaged Labour with his second referendum campaign, mobilising a liberal backlash that sincerely felt progressive ideals were at stake — but the EU was then and is now an entity Britain should have nothing to do with, explains NICK WRIGHT