New Labour Party shadow chancellor seeks to reassure big business at party conference By Chris Marsden

29 September 2015 — WSWS

New Labour Party shadow chancellor seeks to reassure big business at party conference By Chris Marsden 

Newly appointed shadow chancellor John McDonnell outlined his and Jeremy Corbyn’s new economic prescriptions at the Labour Party’s conference yesterday. It was an exercise in appearing as “sensible” and “safe” as possible to Britain’s ruling class, while still making verbal feints towards the anti-austerity sentiment in the working class that catapulted Corbyn to the leadership of the Labour Party.

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