LONDON – British opposition leader Jeremy Corbyn will rally his Labour Party by calling for a clampdown on unfettered capitalism, as he tries to refocus attention on domestic policies after an annual conference dominated by debates about Brexit.
Corbyn will say in a speech Wednesday that “the old way of running things isn’t working anymore.”
Labour’s four-day conference has been overshadowed by divisions over Britain’s exit from the European Union.
Many members want Labour to support a new referendum on EU membership, but Corbyn says the party must respect voters’ 2016 decision to leave.
The left-of-center party says Corbyn will argue that after the 2008 financial crisis, “the political and corporate establishment strained every sinew to bail out and prop up the system that led to the crash in the first place.”