Labour warns it will delist companies not tackling climate change

McDonnell to 'rewrite the rules' of business

David Brenchley
Shadow Chancellor John McDonnell. Photo: Jeremy Corbyn/Flickr CC BY-NC 2.0

Shadow Chancellor John McDonnell. Photo: Jeremy Corbyn/Flickr CC BY-NC 2.0

A Labour government could delist large companies if they do not take "adequate steps" to tackle climate change, shadow chancellor John McDonnell said in a speech in Westminster today (19 November).

Setting out the current opposition's policies on business, McDonnell said the party would "rewrite the rules" with a business model not based on "unfettered pursuit of profit maximisation". This, he added,...

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