The shadow chancellor's promises make electoral sense, but mean a lot of pain for the young and the poor.
The Chancellor speaks to the Tory party conference today.
It was the only bank this summer to fail a European stress test, requiring emergency recapitalisation. What next for Siena's "critical lung”?
The 1980s kids seem resigned to their fate - for now.
Liam Fox has nothing to say and Labour has thrown the towel in.
Floating a £10 an hour Living Wage and the possibility of Universal Basic Income, the Shadow Chancellor told the audience at Labour party conference they no longer have to "whisper" the word socialism. Read McDonnell's speech below.
The former Goldman Sachs economist was an advocate of the Northern Powerhouse.
If the 1980s were a time when the global market was expanding, our time is one in which globalisation is stalled and fragmenting. It is the right, not the left, that has grasped what the new times mean.
The right side does not always win, and history rarely affords second chances. It's time for the British left to act – and boldly.
With financial turmoil, the vote share of social democratic parties has fallen across western Europe. The new challenge for the centre left is to build an outward-looking economy.
Politically, the choice is presented as static and binary: austerity or infrastructure spending. What we really need is bold thinking about the type of economy we want.
Buy a friend or loved one a subscription to the New Statesman this Christmas, or treat yourself to weekly issues of high-quality and independent journalism.
Our Christmas subscriptions come with a complementary gift bundle worth £92. Browse our New Statesman subscription options here.