Support 100 years of independent journalism.

  1. Politics
8 August 2016

Owen Smith to promise “new industrial revolution“ and vote on Brexit

The Labour leadership challenger is expected to criticise economic policy since the 1980s.

By Julia Rampen

British voters must have a chance to prevent the country becoming “the sick man leaving Europe”, Labour challenger Owen Smith is to declare.

Speaking in Newcastle, Smith is expected to warn that the economy is “on a cliff edge” and call for Brits to get a chance to vote on the Brexit deal. 

He is to promise “a new industrial revolution” which could “make Britain the workshop of the world once more”.

Smith, who is positioning himself on the left in a bid to outflank his rival Jeremy Corbyn, will criticise the economic consensus since the 1980s.

He will argue governments have allowed financial services to flourish at the expense of manufacturing, and there has been too much complacency about low-paid jobs. 

Select and enter your email address Quick and essential guide to domestic and global politics from the New Statesman's politics team. The New Statesman’s global affairs newsletter, every Monday and Friday. Your new guide to the best writing on ideas, politics, books and culture each weekend - from the New Statesman. A weekly newsletter helping you fit together the pieces of the global economic slowdown. A newsletter showcasing the finest writing from the ideas section, covering political ideas, philosophy, criticism and intellectual history - sent every Wednesday. The New Statesman’s weekly environment email on the politics, business and culture of the climate and nature crises - in your inbox every Thursday. Sign up to receive information regarding NS events, subscription offers & product updates.
  • Administration / Office
  • Arts and Culture
  • Board Member
  • Business / Corporate Services
  • Client / Customer Services
  • Communications
  • Construction, Works, Engineering
  • Education, Curriculum and Teaching
  • Environment, Conservation and NRM
  • Facility / Grounds Management and Maintenance
  • Finance Management
  • Health - Medical and Nursing Management
  • HR, Training and Organisational Development
  • Information and Communications Technology
  • Information Services, Statistics, Records, Archives
  • Infrastructure Management - Transport, Utilities
  • Legal Officers and Practitioners
  • Librarians and Library Management
  • Management
  • Marketing
  • OH&S, Risk Management
  • Operations Management
  • Planning, Policy, Strategy
  • Printing, Design, Publishing, Web
  • Projects, Programs and Advisors
  • Property, Assets and Fleet Management
  • Public Relations and Media
  • Purchasing and Procurement
  • Quality Management
  • Science and Technical Research and Development
  • Security and Law Enforcement
  • Service Delivery
  • Sport and Recreation
  • Travel, Accommodation, Tourism
  • Wellbeing, Community / Social Services
Visit our privacy Policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.

And he will link the economic future directly to Brexit. He is expected to warn a deal could hand “a blank cheque” to Tory right-wingers keen to reduce workers’ rights and environmental protections.

He is to say: “I will not allow the UK to fall coughing and spluttering out of the EU door. I am resolute that the British people must be offered an opportunity to sign-off the terms of a Tory deal on Europe.”