This is an extremely serious revelation that contradicts past assurances about the role of the Bank of England in the Libor scandal – McDonnell

John
McDonnell MP, Labour’s Shadow Chancellor
, responding to reports
that the Bank of England was involved in the Libor rigging, said:

“This is
an extremely serious revelation that contradicts past assurances about the role
of the Bank of England in the Libor scandal. 

"It goes
to the very heart of whether our financial institutions can be
trusted. Therefore, it warrants an immediate high level investigation, and
the Chancellor must act straight away to ensure this happens.”




Today’s figures demonstrate the failure of the Tory Government’s industrial strategy – John McDonnell

John McDonnell MP, Labour’s
Shadow Chancellor
, commenting on
today’s manufacturing and trade figures, said:

“Today’s
figures demonstrate the failure of the Tory Government’s industrial strategy.

“UK
manufacturing output has shrunk for the second consecutive month and our trade
deficit, on both goods and services, has widened for the second consecutive
month, getting 2017 off to a particularly worrying start.  

“It
is becoming increasingly clear that the Tory Government’s rhetoric on its
industrial strategy isn’t matched by reality.

“Only Labour, with a proper industrial strategy, and a plan for a
high-investment, high-skill and high-wage economy will deliver the trade and
export opportunities of the future.”




Jeremy Corbyn statement on US air strikes on a Syrian air base

Jeremy Corbyn MP, Leader of the
Labour Party
,
speaking in response to the US air strikes on a Syrian air base, said:

“The
US missile attack on a Syrian government air base risks escalating the war in
Syria still further. 

“Tuesday’s horrific chemical
attack was a war crime which requires urgent independent UN investigation and
those responsible must be held to account. 

“But unilateral military action
without legal authorisation or independent verification risks intensifying a
multi-sided conflict that has already killed hundreds of thousands of
people. 

“What is needed instead is to
urgently reconvene the Geneva peace talks and unrelenting international
pressure for a negotiated settlement of the conflict. 

“The terrible suffering of the
Syrian people must be brought to an end as soon as possible and every
intervention must be judged on what contribution it makes to that outcome.

“The British government should
urge restraint on the Trump administration and throw its weight behind peace
negotiations and a comprehensive political settlement.”




Conservative’s reckless Brexit shows they’re prepared to gamble the UK’s ties to EU energy markets to wriggle out of climate change commitments – Long-Bailey

Rebecca
Long-Bailey, Labour’s Shadow Business Secretary, commenting on reports that Britain
is looking for ways to scrap its 2020 clean energy targets while maintaining
everyday trade in Europe’s energy market, said:

“The Conservative’s reckless Brexit shows they’re
prepared to gamble the UK’s ties to EU energy markets simply to wriggle out of
their climate change commitments. They’re failing one of Labour’s six tests by
watering down environmental and climate change protections, and leading a race
to the bottom.

“The fact is that the Tories would risk our lights
going out in order to create a low-wage, deregulated, bargain basement Britain.

“Theresa May needs to give Britain’s energy
security and our commitment to renewable energy investment the status it
deserves. At present it seems that only Labour would guarantee investment in
our future energy needs that meet our climate change commitments, and build a
new working partnership with the rest of Europe.”

Ends




Theresa May seems determined to turn a blind eye to inconvenient facts – Abbott

Diane
Abbott MP, Labour’s Shadow Home Affairs Secretary,
commenting on reports in the
Independent that Theresa May blocked attempts to highlight the impact migration
can have on the economy and public services during the EU referendum, said:

“This
raises serious questions about the Prime Minister’s priorities.

“Exiting
the EU will mean reforming our entire immigration system. But doing so should
not be at the cost of jobs and the economy.

“Unfortunately,
Theresa May seems determined to turn a blind eye to inconvenient facts.

“This
report should be published in full.”