Britain's Shadow Chancellor John McDonnell speaks during a protest of McDonald's workers demanding higher wages, outside Downing Street in London, Britain November 12, 2019.
The two main political parties are showcasing starkly different visions for the world’s fifth largest economy ahead of the Dec. 12 election.
The Conservatives are promising to deliver Brexit while Labour says it wants to be the most radical socialist government in British history.
“No one needs or deserves to have that much money, it is obscene,” McDonnell will say, according to excepts of his speech.
“It is also obscene that these billionaires are buying access and tax breaks to Boris Johnson’s Conservative Party.”.
Labour hopes the message will propel them to power as they trail Johnson’s party in the opinion polls.
“Labour will massively ramp up spending and would hammer ordinary people with an extra 2,400 taxes pounds every year,” said Simon Clarke, a junior finance minister. »