The Daily Telegraph

Rich on borrowed time, warns Corbyn

- Political correspond­ent By Harry Yorke

JEREMY CORBYN has warned that the rich are on “borrowed time” as Labour announces plans today for a multi-billion-pound raid on companies that would force them to hand over 10 per cent of their shares to workers.

The Labour leader last night said he would break the mould of “neoliberal economics” that had dominated political thinking since the Seventies.

He added that a Labour government “was coming” for the “very richest in our society”. During The World Transforme­d rally at the party’s conference in Liverpool, Mr Corbyn said: “What we’re doing is challengin­g a neoliberal ideology that took over the world in, probably, let’s say, the Seventies or thereabout­s; the whole idea of tax cuts, reduce the size of the state, increase privatisat­ion and trickle-down economics later inherited by Margaret Thatcher.”

In a day dominated by Brexit and his party’s anti-semitism row, Mr Corbyn also made clear that Labour would back a second European referendum if its members demanded it and refused to apologise to the Jewish community for his previous remarks.

Meanwhile, John Mcdonnell will today unveil plans for mandatory share

Corbyn share her admiration? “I think what Dawn was doing,” said Mr Straight Talking Honest Politics, darting lightly away from the question, “was expressing support for the determinat­ion of the people of Liverpool… ”

Of course, we’re used to politician­s behaving like this. But Mr Straight Talking Honest Politics was meant to be different. In reality, he dodges questions as often as anyone; all that’s different is the manner in which he does it. He does it not slyly, or glibly, but with an air of saintly, longsuffer­ing forbearanc­e, as though he’s both puzzled and hurt that anyone should cast doubt on the purity of his intentions – but is, none the less, prepared to withstand whatever pain is inflicted upon him, if that should be God’s will.

He really is too good for us. Whatever did we do to deserve him?

 ??  ?? Jeremy Corbyn said that he would challenge the idea of tax cuts and a smaller state
Jeremy Corbyn said that he would challenge the idea of tax cuts and a smaller state
 ??  ?? A demonstrat­or on March For The Many, which is calling for a ‘people’s vote’ on Brexit, poses by a statue of the Beatles in Liverpool
A demonstrat­or on March For The Many, which is calling for a ‘people’s vote’ on Brexit, poses by a statue of the Beatles in Liverpool

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