Corbyn – give one billion pound navy contract to UK corporations

LONDON (Reuters) – Labour opposition chief Jeremy Corbyn will say on Friday a 1 billion pound contract to construct navy ships ought to be ought to be awarded to British firms, criticising a call to permit overseas corporations to bid for the work.

FILE PHOTO: British opposition Labour Party chief Jeremy Corbyn leaves his home in London, Britain, April 2, 2018. REUTERS/Hannah McKay/File Photo

Corbyn, a socialist who has gained over many citizens with guarantees to extend public spending and take a extra interventionist strategy to the financial system, mentioned such a call would create about 6,500 British jobs and help different industries.

In a speech in Glasgow, a metropolis that when produced round a fifth of the world’s ships, Corbyn will say permitting the ships to be constructed by overseas firms dangers additional undermining an trade already struggling an extended decline.

The coverage of Prime Minister Theresa May’s Conservative government is to construct all of the navy’s warships in Britain, however overseas firms are being allowed to bid for contracts to construct three help ships that may present new plane carriers with provides whereas at sea.

“By refusing to help our industry thrive, the Conservatives are continuing their historic trend of hollowing out and closing down British industry,” Corbyn will say, in line with extracts of the speech launched by his workplace.

“The next Labour government will use public contracts as part of our bigger plans to upgrade our economy. Don’t listen to anyone who says we can’t build things in Britain and that a casino economy, which produces little but soaring inequality and insecurity, is our only future.”

Shipbuilders from Germany, Italy, the Netherlands, Poland, South Korea and Spain attended a current Ministry of Defence trade day to debate the work, in line with paperwork obtained by the GMB union beneath the Freedom of Information Act.

The government’s determination to permit overseas firms to bid for the work comes quickly after controversy over the choice to snub a British producer to supply post-Brexit blue passports.

The defence ministry mentioned in a press release that Britain is at present witnessing a “renaissance in national shipbuilding” and that it encourages British shipyards to bid for the help ships contract.

British shipyards as soon as produced half of the world’s new ships however now account for lower than half a p.c, Corbyn will say.

Editing by Stephen Addison

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