This is from an opinion piece by Jeremy Corbyn in the FT:
From our position outside the eurozone, we can and must influence EU economic reform. We must work with the 11 EU nations that are co-operating to bring in a financial transactions tax. Unlike the current chancellor, who wasted taxpayers' money in a failed legal case to block the tax, we would participate in negotiations to discuss how we can better regulate the financial sector and raise revenues.
And for the record, so is this:
Labour is clear that we should remain in the EU. But we too want to see reform. .... Europe is the only forum in which we can address key challenges for our country, like climate change, terrorism, tax havens and, most recently, the mass movement of refugees from the violence in Syria seeking sanctuary and hope in Europe.
I have long argued for a financial transactions tax.
And I have long argued that the EU has played a major role in tackling tax haven abuse.
I welcome both statements - and had no knowledge of either before they appeared in the FT (for the record).
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I hope that Alaistar Darling takes the time to read the article – having heard him on R4 this morning he boldly stated that he did not know what Corbyn’s economic policies were – and therefore refused to comment on them.
I’ve no idea where he’s been for the last few weeks, but, as he was proud to admit, he’s been a meber of the Labour party for 40 years so must have been paying some attention surely.
It’s time he found out
It’s not hard
Sometimes hard for those with an economic background due to the way it corrects much of their thinking!
For those of us without an economics degree it seems obvious!
In my view, Alistair Darling has arrogated to himself FAR too much of the credit for Gordon Brown’s decisive, and effective active, response to the Great Financial Crash of 2008. The fact that he believed that labour
You can be indiscrete here Richard! Did you give Jeremy a hand? 🙂
No
I did not
Sorry – pressed wrong button on my smartphone.
The fact that Alistair Darling thought that Labour would ALSO have to impose massive cuts, had it won the 2010 General Election, and that he almost mocked Gordon Brown’s belief that the recovery of early 2010 could be left to run its course, suggests that he didn’t fully understand the business he was in.
Clearly, in that respect, given his pronouncements on Corbynomics, nothing much has changed!
A real thumbs up from me on the first point about wanting a FTT. About time too. Government’s here have been far too spineless regarding the banks.
Not too sure about the second point; staying in the EU. I have been of the opinion for some time that we should withdraw.
Has Corbyn always been in favour of the EU?
I do not know
Jeremy is using dodgy language again.
“Wasting taxpayers’ money” ?
It’s not helping.
I wouldn’t use such language