Tony Blair’s government had been too late to embrace industrial strategy, believing it “went against the grain” of a market-driven economy.
He added there had been a change in thinking since the 1990s, with an acceptance the state could play a bigger role in helping secure jobs in new industries.
Labour’s plans for improving the economy and boosting skills have been a key focus of its conference in Liverpool, which could be the last before the next general election, expected next year.
Whilst there could be opportunities to borrow to boost the economy, he added, the incoming government would depend “above all else” on the private sector to invest.
He warned that Labour should “take care” not to reintroduce rights for trade unions that would create “rigidities” in the jobs market.
This would include, he said, "giving all expression to "massive strike funds “so beloved of Len McCluskey and Sharon Graham” - the former and current bosses of Unite, one of Labour’s biggest union backers.
The original article contains 500 words, the summary contains 165 words. Saved 67%. I’m a bot and I’m open source!
This is the best summary I could come up with:
Tony Blair’s government had been too late to embrace industrial strategy, believing it “went against the grain” of a market-driven economy.
He added there had been a change in thinking since the 1990s, with an acceptance the state could play a bigger role in helping secure jobs in new industries.
Labour’s plans for improving the economy and boosting skills have been a key focus of its conference in Liverpool, which could be the last before the next general election, expected next year.
Whilst there could be opportunities to borrow to boost the economy, he added, the incoming government would depend “above all else” on the private sector to invest.
He warned that Labour should “take care” not to reintroduce rights for trade unions that would create “rigidities” in the jobs market.
This would include, he said, "giving all expression to "massive strike funds “so beloved of Len McCluskey and Sharon Graham” - the former and current bosses of Unite, one of Labour’s biggest union backers.
The original article contains 500 words, the summary contains 165 words. Saved 67%. I’m a bot and I’m open source!