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Healey Hails ‘New Age of Industrialisation’ Brought by Royal Navy
Healey will back £15m for union training and £115m for a new research vessel as he seeks to lift growth and jobs.
- Chancellor John Healey will pledge a "new age of industrialisation" for Great Britain on Monday during his first Labour Party conference speech, emphasizing modern manufacturing over returning to coal mining.
- Prime Minister Andy Burnham has championed reindustrialising Britain to boost growth and reduce unemployment, a strategy involving defence sector investment discussed with U.S. President Donald Trump last week.
- Healey will announce £15bn for Royal Navy shipyard upgrades at HM Naval Base Clyde and £115m for a marine research vessel, plus £15m to restore the Union Learning Fund for workforce training.
- Shadow Chancellor Andrew Griffith criticized the plans as "reheated announcements" with "no clarity on where the money is coming from." The Confederation of British Industry reported declining private sector activity, citing uncertainty ahead of next month's Budget.
- Persistent economic pressures challenge the government's industrial agenda, particularly as officials face a £4.7 billion gap in the Defence Investment Plan before October's Budget deadline.
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Healey hails ‘new age of industrialisation’ brought by Royal Navy
Chancellor John Healey will make upgrades to the Royal Navy central to his flagship speech at the Labour Party conference on Tuesday as he promised a “new age of industrialisation’. The former defence secretary has indicated that shipbuilding will make a key part of Andy Burnham’s pledge to revive Britain’s industrial base across the country. [...]
·London, United Kingdom
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Evening Standard+4 Reposted by 4 other sources
Healey to pledge ‘new era of industrialisation’ in address to Labour conference
The Chancellor is expected to announce support for shipbuilding.
·London, United Kingdom
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UK's Healey puts defence in focus for reindustrialisation push
·London, United Kingdom
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Coverage Details
Total News Sources12
Leaning Left3Leaning Right0Center6Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
Factuality
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