Dec 9, 2019
General election 2019: Labour vows Budget 'to end austerity' in first 100 days
John McDonnell will promise to deliver a Budget to "End austerity", in a speech setting out Labour's priorities for its first 100 days in government. The shadow chancellor will also vow to get "Money moving out of Whitehall and the City" if Labour win the election. Labour leader Jeremy Corbyn will tour Labour target seats in the south of England, as his shadow chancellor sets out his economic plans. In a speech, Mr McDonnell will set out details of what will be in his first Budget, if Labour wins Thursday's general election - including the new bodies to oversee nationalised utilities. If Labour wins the election, the shadow chancellor says he will set up a National Transformation Fund Unit before Christmas and create a new National Investment Bank, regional development banks and a Post Bank.
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