Corbyn Proud to Be ‘Existential’ Threat to U.K. Economic Model

  • Labour leader agrees with Conservative Party view of his plan
  • Says Britain’s economy ‘doesn’t work for most people’

Jeremy Corbyn

Photographer: Simon Dawson/Bloomberg
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U.K. opposition Labour Party leader Jeremy Corbyn will say he wants to fundamentally change the way Britain’s economy runs if he gains power.

In a speech Saturday in central London, Corbyn will quote a remark by Chancellor of the Exchequer Philip Hammond that Labour poses an “existential challenge” to the U.K.’s economic model.