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Taking aim at government, UK’s Labour unveils national wealth fund plan

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Reuters UK

By Elizabeth Piper and Andrew MacAskill LIVERPOOL, England (Reuters) – Britain’s Labour Party will unveil on Monday its plans to set up a national wealth fund to invest in green projects which will benefit the public, part of the opposition party’s answer to the Conservative government’s tax-cutting approach. At their annual conference, Labour lawmakers are sensing a change in their fortunes after a punishing loss at a 2019 election, feeling they can now offer a real choice to voters after the government announced a “growth plan” that handed tax cuts mostly to big business and the wealthiest. …

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