Former Labour MPs condemn ‘rigged’ system and promise ‘a mass redistribution of wealth and power’

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Jeremy Corbyn and Zarah Sultana have reached agreement over the launch of a new leftwing party after weeks of discussions, sending out a joint statement encouraging would-be supporters to register their interest.

The new movement has yet to be named but has an interim website under the moniker of Your party. In a statement on X, the two former Labour MPs appealed described it as “a new kind of political party, one that belongs to you”.

“The system is rigged when 4.5 million children live in poverty in the sixth-richest country in the world,” it said. “The system is rigged when giant corporations make a fortune from rising bills. The system is rigged when the government says there is no money for the poor, but billions for war. We cannot accept these injustices, and neither should you.”