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ID: 56066827 Video

Headline: UNCAPTIONED: Healey To Promise 'New Age Of Industrialisation' For UK

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Healey To Promise 'New Age Of Industrialisation' For UK. Chancellor John Healey will promise a "new age of industrialisation" for Britain as he delivers his first Labour conference speech in the role. Healey will tell delegates in Liverpool that Britain's coal mines are not returning but argue the country's industrial heritage can be reinvented through investment in advanced manufacturing. He will also announce measures to support British shipbuilding, including new Royal Navy floating docks and a maritime research vessel. Three floating docks planned for HM Royal Naval Base Clyde at Faslane will be built in Britain rather than offered through an international tender. The speech comes around a month before Healey's first Budget, amid pressure over rising government borrowing costs. However, the chancellor is not expected to reveal specific tax or spending measures, instead focusing on what he will describe as a "new confidence in Britain”.
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Keywords: Current Affairs & Politics,John Healey,Chancellor,Labour Party,UK Government,first Labour conference speech,role,delegates,Liverpool,Britain,coal mines,not returning,reinvented,advanced manufacturing

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