McDon­nell to ‘stop lenders fi­nanc­ing end of the world’

Sunday Mirror (Northern Ireland) - - News - BY NIGEL NEL­SON Political Ed­i­tor

LABOUR’S John McDon­nell will to­mor­row pledge to use the might of the Trea­sury to meet cli­mate emer­gency tar­gets if he be­comes Chan­cel­lor.

In a key­note speech to the City, he will tell banks he will ex­pose un­reg­u­lated lend­ing to full scru­tiny to drive a pro­gres­sive agenda.

And he will vow to find ways to di­vert in­vest­ment into mea­sures that com­bat global warm­ing – and away from those caus­ing it.

Mr McDon­nell will tell fi­nanciers: “I am pre­par­ing pol­icy to har­ness the full might of the Trea­sury to make tackling cli­mate change a key pri­or­ity.

“We are mar­shalling the re­sources and levers of power to fund and drive the cli­mate change emer­gency pro­gramme.”

In the wake of Thurs­day’s Green­peace protest at Chan­cel­lor Philip Ham­mond’s Man­sion House speech, he will ask cli­mate change activists to ad­vise on key mea­sures.

For­eign Of­fice min­is­ter Mark Field has been sus­pended over a video of him shov­ing one pro­tester against a pil­lar and grab­bing her by the neck.

SCRU­TINY John McDon­nell

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