John McDonnell promises February budget to end austerity

The transcript outlines a vision for remaking government expectations, focusing on public ownership of utilities under a Labour government. It emphasizes democratic control and transparency, with plans to bring water and energy into public ownership within the first 100 days. The Labour government, led by Jeremy Corbyn, will also negotiate a new Brexit agreement and conduct a comprehensive spending review to end austerity cuts. The aim is to empower citizens and ensure local decision-making.

What is the primary focus of the new institutions proposed by the Labour government?

• Privately owned utilities

• Privatization of the NHS

• Publicly owned and democratically run utilities

• International partnerships

What will the Labour government prioritize in its first 100 days?

• Privatizing public services

• Bringing water and energy into public ownership

• Increasing taxes

• Reducing public sector jobs

How will decisions be made regarding the newly public utilities?

• By international experts

• By a central government committee

• By local boards including community representatives

• By private companies

What is the Labour government's plan regarding Brexit?

• To hold a second referendum immediately

• To secure a new Brexit agreement within six months

• To leave the EU without any agreement

• To ignore Brexit negotiations

What significant economic change is planned for February 5th?

• Introduction of new austerity measures

• Increase in public sector wages

• Reduction in national debt

• End of almost 10 years of cuts