John McDonnell could be Britain’s next Chancellor of the Exchequer. The Labour MP is a self-professed Marxist who believes in “generally fermenting the overthrow of capitalism.” McDonnell recently endorsed a 200-page white paper of economic ideas, including new targets for the Bank of England and a new financial structure for […]
John McDonnell insists Labour is heading for a majority government despite falling behind the Conservatives in two polls this week. The shadow chancellor told BI a recent poll putting the Tories four points ahead was “within the margin of error.” McDonnell insisted leaked analysis showing likely damage of Brexit has […]
The Labour party has detailed proposals to move parts of the Bank of England to Birmingham and lend £250 billion to British firms through a publicly-owned RBS, should the party be elected to government. Shadow chancellor John McDonnell said investment should “tackle our productivity problems,” and do so on “a […]
Labour’s John McDonnell was pressed on his own spending plans while responding to the government’s latest. The BBC asked him to spell out the precise cost of Labour’s infrastructure plans. He said it was a “trite question” which “iPads and advisors” can answer. LONDON – Shadow Chancellor John McDonnell couldn’t […]
Exclusive: Labour calls on Theresa May's...
Shadow Chancellor says business is now treating...
Senior Labour MP says the party should show...
LONDON -- Labour have claimed that the...
LONDON -- Most Britons disagree with Labour's...
LONDON -- All three of Britain's main...
LONDON -- Big businesses would be forced to...
LONDON -- A Labour government would ban banks...
LONDON -- Labour would force workers who...
LONDON -- Labour would force workers who...
LONDON -- Labour is anything up to 18%...
Shadow chancellor warns Labour MPs are...
LONDON -- The EU is not trusted by the...
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