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UNITE : at Labour Conference 2012: Build an investment bank to rebuild Britain

09/28/2012| 02:34pm US/Eastern
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28 September 2012

Unite the union will use this year's Labour party conference in Manchester to press the case for bold policies to renew the British economy.

Central to this will be the call for the establishment of a National Investment Bank (NIB) charged with funnelling resources to major, much needed infrastructure and housing projects, but working in conjunction with the crucial social policies that will get the nation off the path to poverty set by the coalition government.

The union's general secretary, Len McCluskey, is expected to lead this call on Monday, 1 October during the rebuilding our economy debate.  He will urge Labour to be bold, to grasp its potential of a NIB to create jobs and skills and spread wealth fairly across our communities.  He will say that Labour must not adopt the cautious model set out by Vince Cable earlier this week. 

Unite has attacked the coalition's `business bank' as being disappointingly modest in resources, scope and ambition, and far from the strategic agency that ought to be at the heart of growing the country to recovery.

Len McCluskey will also speak at Unite's fringe meetings which are:

12:45 pm Monday, 1 October in the Unite marquee: Unite fringe - Strategies for growth: Defeating austerity.

5:45pm Monday, 1 October in Manchester Central, exchange 9: Unite, Unison, GMB and CWU - An alternative to austerity.

12:45pm Wednesday, 3 October in the Unite marquee: Reconnecting Labour

Media looking to speak to Unite representatives should contact:

Pauline Doyle, Director of Communications on 07976 832 861 or Alex Flynn, Head of Media and Campaigns on 07967 665 869.

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