Special report by PEOPLE’S WORLD
HOW will Keir Starmer’s Labour try to “grow the economy?” The short answer is it is going to try to use public money to persuade international investors to put cash into “growth” industries.
It’s the return of the public-private partnership. The big danger is that, like Labour’s last public-private partnership, the private corporations will get all the growth, while the public sector gets ripped off.
The main economy-grower Starmer is promoting is Rachel Reeves’s proposed national wealth fund. It will invest in key industries like “green energy” and other modern manufacturing sectors.
Martin Taylor, the hedge-fund multimillionaire who has poured millions into pushing Labour rightwards, helped finance Lucy Powell’s supposedly dissenting campaign — suggesting her victory was not the ‘soft-left’ rebellion some have claimed, says SOLOMON HUGHES
SOLOMON HUGHES asks whether Labour ‘engaging with decision-makers’ with scandalous records of fleecing the public is really in our interests


