Labour's Shadow Chancellor, Rachel Reeves, announced the party's plan to create 650,000 new jobs through a £7.3bn investment in a new national wealth fund. This fund is a key component of Labour's green prosperity plan, aiming to invest in future industries and reindustrialize the UK, particularly focusing on regions like the North West and South East. The investment plans include upgrades to ports, gigafactories, support for the steel industry, carbon capture, and manufacturing of green hydrogen. Reeves emphasized that the goal is to make Britain better off by creating good jobs across the country and working with the private sector. The party also aims to attract private investment to supplement public funds, with a target of £3 of private investment for every £1 of public investment. The manifesto also outlines other policy priorities, such as health, housing, and immigration, showcasing a comprehensive plan for economic growth and job creation.