Labour Party leader says UK finance sector will be ‘servant of industry’ under Labour government

Britain’s financial sector will be “the servant of industry not the masters of us all” if the opposition Labour Party gets into power, its leader Jeremy Corbyn will say on Tuesday, accusing bankers of taking the economy hostage. Corbyn, a socialist who has won over many voters with his promises to re-nationalize services and increase public spending, has long targeted London’s lucrative financial sector, saying politicians have been in thrall of money makers for too long. In a speech to a manufacturers’ conference, Corbyn will renew his pledge to re-balance Britain’s…

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