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MANCHESTER PRACTICES BLAIR'S STAKEHOLDER ECONOMY

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Tony Blair's vision of a 'stakeholder economy' is already at work locally, Manchester City Council leader Graham St...
Tony Blair's vision of a 'stakeholder economy' is already at work locally, Manchester City Council leader Graham Stringer told BBC Radio Four's Today programme.

'It is precisely the sort of politics that we have been following in Manchester,' he said.

'Yesterday I addressed a group of business people about how they could do something about the incredible disparity in unemployment rates and how they could help their businesses by employing local people.

'That would have benefits for them and benefits for the city.'

But Peter Hilton, leader of the council's Conservative group, said Mr Blair's idea was already Conservative policy. He said it was a copy of Michael Heseltine's City Challenge initiative, which was proving successful in the Hulme area of Manchester.'
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