Labour leader to tell GMB union that his party would create a ‘new business model for Britain’
On Sunday Gary Smith, the GMB general secretary, gave an interview criticising Labour’s proposal not to issue any new licences for oil or gas extraction in the North Sea. He made the same point in his speech to the conference yesterday, and he restated his case in a Today programme interview this morning.
But Smith is more positive about Labour in the Financial Times today, where he is quoted in a long read by Jim Pickard and George Parker about Keir Starmer’s plans for government. They report:
The shadow chancellor’s visit to Washington was a signal that a prospective Labour government wants to introduce a significantly more interventionist industrial policy and has a bolder plan for the economy than many had anticipated.
Senior figures at the helm of Britain’s main opposition party are piecing together a manifesto which, despite the soothing, pro-business rhetoric, would still represent a striking shift in the way the economy is run.
“I think it’s much more radical than people give him credit for,” says Gary Smith, general secretary of the GMB union, a major donor to Labour.
