Labour will renationalise water and energy in first 100 days if they win

Shadow chancellor John McDonnell has launched Labour’s plan for its first 100 days if it wins the general election on Thursday.

He said: ‘We are setting our sights higher than any opposition party has ever done before’.

In a speech in London today, the shadow chancellor vowed to end the ‘decade of austerity’ that he says has been in place under the Tories.

He said if the party wins the election it will be down to the ‘millions who stood up against what they saw has been happening in society’.

Mr McDonnell said: ‘Boris Johnson has actually admitted austerity was wrong… while promising in their manifesto to continue it for another five years years.

‘As the IFS said about the Conservatives’ Manifesto, it has austerity “baked in”.’

He added: ‘Let me be crystal clear about this – we’re setting our sights higher than any opposition party has ever done before. And we’re doing that because we have to.

‘Because the scale of the challenge is greater than ever before.’

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