A Labour government would end ‘Treasury bias against investing in the regions’ by ripping-up the Green Book which determines how public money is spent, the shadow chancellor has said.
Delivering his speech to the Labour Party’s annual conference in Liverpool on 24 September, John McDonnell, told delegates: ‘We will reprogram the Treasury, rewriting its rule books on how it makes decisions about what, when and where to invest.
‘We will end the Treasury bias against investing in the regions and nations,’ he added.
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