about accuses the remaining Tory leaders of abandoning Boris Johnson’s agenda in the race to promise tax cuts.
In a keynote speech in Darlington on Monday, shadow leveling secretary Lisa Nandy will say a Labor government will “take on this moment” and make a commitment to bring prosperity to backward communities.
She will lay out plans for a strengthened community right to buy so that local people can take control of assets such as pubs, historic buildings and football clubs that are up for sale or falling into disrepair.
Her intervention will be seen as part of Labor’s strategy to win back supporters in the so-called “red wall” seats that fell to the Tories in Johnson’s landslide general election victory in 2019.
Promises made with a bang fade with a lament. Half-baked ideas barely made it into the oven
In her speech, Ms Nandy will state that the UK is stuck in a “high tax, low growth spiral” from which the only escape is for all parts of the country to contribute again.
“Those votes in the Tory party who tried to advance the leveling agenda have been roundly defeated and now the ugly truth of this is fully manifested as leadership leaders vie for the mantle of Margaret Thatcher, who promises tax cuts for the rich, deregulation and a more controlled decline across the board. Great Britain,” she is expected to say.
“This leadership contest appears to be the final nail in the coffin for the Conservatives’ short-lived ambitions to soar.
“Promises made with a bang fade with a wail. Half-baked ideas have only just gone into the oven.
What is needed is not a Hunger Games-style scholarship scheme where we have to go jointly and severally to Whitehall
“Basically, the Tories’ commitment to leveling is dead. But leveling is not dead. Not for the millions who voted for change – and who need it and deserve it to be realized.”
Under Labor’s proposals to strengthen community purchasing rights – first enshrined in the 2011 Localism Act, communities would be given priority over publicly traded assets, including the right to purchase them without competition.
They would also have the right to force the sale of land or buildings that have fallen into a state of significant disrepair, and they will have 12 months to raise financing, doubling the current fee.
The party has also appointed Ernst & Young chief economist Mark Gregory to lead a committee investigating how community groups can best use private investment to buy assets through an enhanced community property fund.
In her speech, Ms Nandy will say that this is the first step towards greater financial autonomy for cities, towns and cities.
“The only conditions attached to it are that it must generate income to be used and passed on through the generations, and that it must be driven by the wishes of the community, held in common and used for the common good,” it said. expected of her. say.
“Because what is needed is not a Hunger Games-style scholarship scheme where we have to go all at once to Whitehall, but financial autonomy so that our communities will no longer live or die at the whim of a Tory chancellor who promises to rise one day and reign like Thatcher the next.”