The U.K.’s main opposition Labour Party is seeking to woo London’s powerful financial center as it sets its sights on winning power at next…
At the party's conference this week, lawmakers were unanimous in emphasizing Labour's focus under leader Keir Starmer on spurring economic growth as its number one priority.
LIVERPOOL, England — The U.K.'s main opposition Labour party is seeking to woo London's powerful financial center as it sets its sights on winning power at next year's General Election. Labour holds around a 20-point lead over Prime Minister Rishi Sunak's Conservative Party across most major polling, with the ruling party damaged by a string of scandals and the market turmoil triggered last year by Sunak's predecessorMurray took aim at Truss and former Chancellor Kwasi Kwarteng in setting out how Labour will seek to return"stability and certainty" to the country's political system.
He said the shadow Treasury team sees the route to sustained economic growth as the state"creating the foundations for the private sector to bring the growth, to bring the innovation, to bring the competition, and to rebuild the wealth creation right across the economy." Under Corbyn, Labour suffered its worst electoral result since 1935 in 2019, and Starmer has sought to drag the party back to the center in order to rebuild its core support in former heartlands.
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