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Corbyn pledges Labour investment in energy and northern rail

Jeremy Corbyn has promised that the Labour Party will invest in northern rail as well as on and offshore wind projects in his party’s conference speech in Brighton.

In a speech, highly critical of Boris Johnson in the wake of the Supreme Court decision that the prime minister’s prorogation of parliament was unlawful, the Labour leader also outlined a number of domestic policies he would introduce if elected.

Mr Corbyn said: “Labour will invest in Crossrail for the North to link our great northern cities, from Liverpool to Hull and up to Newcastle in the North-east.

“Labour will get our economy working in every town, city and region with a record investment blitz, and we’ll boost the devolved budgets in Wales and Scotland.”

He added that the party will invest £250bn in transport, energy and broadband infrastructure.

Earlier this month, Chancellor Sajid Javid promised the Conservative government would deliver an “infrastructure revolution” including by investing in Northern Powerhouse Rail, which Boris Johnson had committed to in one of his first speeches in post in July.

Mr Corbyn also promised a “green industrial revolution” including a trebling of solar power, doubling onshore wind and bringing about a seven-fold increase in offshore wind projects.

As part of the energy strategy, he said, the next Labour government would build “three new battery plants in South Wales, Stoke-on-Trent and Swindon”.

On company his approach to business Mr Corbyn said Labour would enforce “bold, radical measures” such as giving the workforce a 10 per cent stake in “large” companies, paying a dividend of up to £500 a year to every employee.

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