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This is the full statement published by shadow chancellor John McDonnell following the Budget today. This is a ‘nothing has changed’ Budget from an out-of-touch government with no idea of the reality of people’s lives and no plan to improve…
Labour has fallen behind the Tories according to a surprise new poll published this week. Jeremy Corbyn's party is on 38 per cent while the government is on 42 per cent despite its turmoil over Brexit. Philip Hammond, who many Tory…
This is the full statement published by John McDonnell, the shadow chancellor, in the run-up to today's Budget. The Chancellor has already shown he doesn’t live in the real world. That’s why the Autumn Budget needs to be a real change of…
Jeremy Corbyn and John McDonnell have closed the gap on the Tories over who is most trusted to run the economy. The Labour leadership still trails Theresa May and Philip Hammond but, with the Budget just 48 hours away, a new poll shows the…
A former Labour cabinet minister has heaped praise on Jeremy Corbyn for "breaking the mould" of British politics and appeared to distance himself from the government of Tony Blair. Liam Byrne, who served as chief secretary to the Treasury…
This is the full speech delivered by John McDonnell today ahead of the Budget on Wednesday. Good morning. Thank you for coming here today. Next week’s Budget has been widely trailed as one of the most significant in recent times. The prime…
This is part of a series of articles in the run-up to the Budget on November 22. The independent economic forecaster, which is called the Office for Budget Responsibility, is not a natural bedfellow for those seeking radical change. But a…
John McDonnell will tomorrow call on the chancellor to use next week's Budget to halt the chaotic roll-out of universal credit. The shadow chancellor will say Philip Hammond has failed to understand the lives of working people and will…
The IMF revealed last month that higher income tax rates would reduce inequality without stalling economic growth – dispelling the argument that a higher tax on the top one per cent of earners in Britain would hurt the economy. Referred to…
This is the full statement published by John McDonnell, shadow chancellor, following the "Paradise Papers" claims made by the BBC's Panorama last night. These are deeply worrying revelations. Despite all the government’s claims of cracking…
Most of the recent commentary has, for obvious reasons, focused on Theresa May and the Tory soap opera. It doesn’t seem partisan to say that the government seems preoccupied with day-to-survival and the prospects of individual would-be…
This week Jeremy Corbyn said Philip Hammond, the chancellor, was right to call the Labour party an “existential challenge to our economic model”. In his speech the Labour leader set out an alternative economic vision, along with popular…
