'Rewrite the rules' of business
Proposals outlined at Labour Party conference
Efficiency savings to rise to £3.7bn by 2021/22
Claims £26bn would be raised over next Parliament
Labour will reject austerity as a means to get the economy back on track and will instead focus on taxing the rich, shadow Chancellor John McDonnell has said in his Labour Party Conference speech on Monday.
John McDonnell is poised to use his first Labour conference speech as shadow Chancellor to push for a "Robin Hood" tax on stock market trading, according to reports.