Labour leadership contender Owen Smith has been forced to apologise after saying he wanted to “smash” Theresa May “back on her heels”, during a major speech to outline his policy ideas. He denied the idea ever having been raised in Corbyn’s cabinet when he was shadow secretary for work and pensions. Another notable pledge was a promise to create a new wealth tax on the top 1% of earners, which Smith said would generate £3bn a year. He said: “We had one of these before Thatcher scrapped it in the 1980s, and we need to reintroduce it. Those announcements, pitched to the party’s left, were overshadowed by criticism of his choice of language.

Source: The Guardian July 27, 2016 13:12 UTC