Towns fund smacks of desperation and Brexit bribery – John McDonnell
John McDonnell MP, Labour’s Shadow Chancellor, responding to the government’s stronger towns fund, said:
“This towns fund smacks of desperation from a government reduced to bribing MPs to vote for their damaging flagship Brexit legislation.
“The reason our towns are struggling is because of a decade of cuts, including to council funding and a failure to invest in businesses and our communities.
“Labour pledged in 2017 that we will establish a network of regional development banks that will be dedicated to delivering the finance that our small businesses co-operatives and innovative projects need across the whole country. No Brexit bribery, stable investment where it’s most needed.”