Jeremy Corbyn attends Communication Workers Union rally in Manchester

The speaker, a newly elected party leader, criticizes austerity as a political choice that widens the gap between the rich and poor. They argue for alternative governance methods and highlight a speech by John McDonnell that explains the origins and impacts of austerity. The government is accused of selling state assets, which benefits the wealthy while harming the poor.

What are the consequences of the austerity program mentioned?

How much worth of state assets is the government selling off this year?