Corbyn Wants to Take on the “Cosy Cartel”

Opposition leader Jeremy Corbyn will vow on Thursday to defeat what he calls a “cosy cartel” at the heart of British politics that protects the interests of the wealthy.

The pledge will come in a speech to launch his Labour Party’s national election campaign

Opinion polls show Corbyn’s Labour facing a heavy defeat at the June 8 election, which was called by Conservative Prime Minister Theresa May earlier this week to capitalise on Labour’s poor ratings and to strengthen support for her strategy for leaving the European Union.

Reuters

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Craig Erlam

Craig Erlam

Senior Market Analyst - UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a Market Analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and BNN. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam