Labour announces multi billion pound investment in Mersey Tidal Power Project to reverse years of decline in the North and tackle the climate emergency. Jeremy Corbyn MP, Leader of the Labour Party will today (Friday) visit Liverpool to announce major plans for a £3.5 billion investment in the Mersey Tidal Power Project as part of Labour’s Green Industrial Revolution to address the climate emergency and boost investment in the North of England. On a visit with the Mayor of Liverpool City Region, Steve Rotherham, Jeremy Corbyn will pledge that the next Labour government will “ramp up” investment in green industries to “power up the north”. The Labour Leader will accuse the new Prime Minister of looking to the past with his failed policies of tax cuts for big businesses and the rich and neglect of Britain’s communities, in contrast with Labour which is looking to the future. This announcement forms part of Labour’s plans to tackle the North-South economic divide with a Green Industrial Revolution which will deliver 400,000 new jobs through schemes including the world’s biggest offshore windfarm in the North Sea. Labour’s £250 billion National Transformation Fund will be based in the North, to ensure that investment is focused in areas that have lost out under the Tories – including Crossrail for the North to upgrade the region’s rail infrastructure.
Labour Party 26th July 2019 read more »