NEC members praised his conference speech and drew attention to Tory attacks on employment rights including access to tribunals, the paradox under which British railways can be
run by states as long as they are foreign states, the need for good jobs not just any jobs, further cuts in public service pay, the
threat of a new European / United States trade agreement, excessive warmth towards free schools, and expansion
of food
banks and payday loans into mainstream society.
My understanding is that CDIC doesn't have an explicit guarantee from the Federal Government either, though one could argue that the
threat of a
run on
banks will compel the Government to step in, just like the US Government did when it appeared that money market funds were about to break the buck.