Monday 4 March 2019 / 8:20 AM John McDonnell

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.”