Labour's economic blueprint

The Labour Party is to drop plans for a small business bank but is to continue with the threat of a windfall tax on utilities, despite reports that the idea is falling out of favour. A new economic policy document to be published on Monday will also confirm that the shadow Cabinet is to go ahead with plans for a retail banking regulator and will introduce profit-sharing for the customers of utilities. The document will draw together the full range of the party's economic plans and industrial strategy.

New realism, page 24