Labour will create an engine of investment and growth in Britain’s
economy and drive a major expansion in good quality jobs that will benefit
every region and nation of the UK.
At least a million good jobs will be created under a Labour
Government to rebuild communities that have been left behind, transforming our
economy into one that works for the many, not the few.
Jeremy Corbyn, Leader of the Labour Party, and Rebecca
Long-Bailey, Labour’s Shadow Business Secretary, will set out how Labour’s
plans for jobs and wealth creation will unleash the untapped potential of every
part of the country at an event at York Science Park on Friday 2 June.
The Conservatives have failed to give our regions, industries,
businesses and workers the support they need, leaving Britain with deep-rooted
economic problems which are holding Britain back.
Labour’s National Transformation Fund, National Investment Bank
and network of Regional Development Banks, will provide the engine Britain’s
economy needs to drive investment in the infrastructure and green and cutting
edge industries of the future – creating jobs, developing skills and providing
support for small and medium businesses in every region.
Jeremy Corbyn, Leader of the Labour Party, said:
“When Labour talks about job creation we mean decent jobs, jobs
which pay a real living wage, which people can get by on, and which give people
a sense of pride and purpose.
“Labour will invest to drive growth across the whole of Britain,
creating wealth which is shared across our country, rather than concentrated in
the hands of the few. Labour will ensure people are not held back. We will
build an economy where everyone shares in the creation of wealth as well as its
distribution.
“Under the Conservatives, the richest have got richer, while most
people’s incomes have fallen or stagnated. Labour’s plans will make sure
everyone shares in our country’s wealth.”
Labour’s Shadow Business Secretary, Rebecca Long-Bailey, said:
“Unlike the Conservatives, Labour will make full use of all policy
levers to drive growth and economic development, working in partnership with
the private sector and trade unions to rebalance our economy so that it serves
the many, not just the few.
“Labour’s industrial strategy will have real muscle, powered by
our National Transformation Fund and £250bn of investment from our new National
Investment Bank and network of Regional Development Banks.
“We will deliver a million good jobs over the course of the next
Parliament.”
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