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| Labour party conference - live updates: John McDonnell announces 'we're taking them back', as plan to nationalise services and scrap PFIs announced | |
| (about 3 hours later) | |
| John McDonnell has been outlining Labour's plans for widespread nationalisation of services - including the scrapping of the Private Finance Initiatives (PFI) and moves to bring existing deals back "in house". | John McDonnell has been outlining Labour's plans for widespread nationalisation of services - including the scrapping of the Private Finance Initiatives (PFI) and moves to bring existing deals back "in house". |
| The Shadow Chancellor made the announcement during his keynote speech at the party's annual conference in Brighton. | The Shadow Chancellor made the announcement during his keynote speech at the party's annual conference in Brighton. |
| Mr McDonnell confirmed that Labour would nationalise water, rail and energy industries, as well as bringing Royal Mail back under public control. | Mr McDonnell confirmed that Labour would nationalise water, rail and energy industries, as well as bringing Royal Mail back under public control. |
| Elsewhere, the party's National Executive Committee published a statement on its Brexit position after criticism that the issue will not be properly debated at the conference. | Elsewhere, the party's National Executive Committee published a statement on its Brexit position after criticism that the issue will not be properly debated at the conference. |
| Delegates will now be given the opportunity to discuss the current policy but there will be no vote on contentious issues such as whether the UK should remain in the EU's single market. | Delegates will now be given the opportunity to discuss the current policy but there will be no vote on contentious issues such as whether the UK should remain in the EU's single market. |
| The truce between Labour's warring factions seems to have held in Brighton so far, but it is clear that a debate over the party’s Brexit policy is looming behind the scenes. One Labour MP, Heidi Alexander, said the failure to fully debate Brexit made the party a "laughing stock". | The truce between Labour's warring factions seems to have held in Brighton so far, but it is clear that a debate over the party’s Brexit policy is looming behind the scenes. One Labour MP, Heidi Alexander, said the failure to fully debate Brexit made the party a "laughing stock". |
| Earlier in the conference, Jeremy Corbyn suggested he was ready to “listen” to party members who want the UK to stay in the single market. It came after 30 senior figures, including Labour MPs, signed an open letter calling for the party leadership to commit to full and permanent membership of the single market after Britain’s exit from the European Union. | Earlier in the conference, Jeremy Corbyn suggested he was ready to “listen” to party members who want the UK to stay in the single market. It came after 30 senior figures, including Labour MPs, signed an open letter calling for the party leadership to commit to full and permanent membership of the single market after Britain’s exit from the European Union. |