They didn't of course cause the financial crisis but they never cared about just much power the finance sector had in the UK. They weren't interested in changing the fundamental model of the UK economy, so when things when bang they were fecked - Peter Mandelson "Intensely relaxed about people getting filthy rich as long as they pay their taxes". Not to mention they've tried for years now to get rid of the labour leader who would challenge this model.
They in the end believed that Thatcher was right.
Sorry, that doesn’t convince me of culpability. Not even close. Wanting businesses to turn large profits is good for the economy. Regulating against something profitable, especially when and it’s hard to spot the faults and things to regulate against without a great dose hindsight, isn’t really telling me much beyond a general dislike for people that make loads of money.
Gordon Brown - ''British jobs for British workers".
David Blanket described local schools as "swamped" by non-English speaking immigrants.
2001 - Labour opened Yarl’s Wood Immigration Detention Centre
2004 - Tony Blair election promise to deport more asylum-seekers.
Already posted on here before but Blair speech on immigration at the White Cliff in Dover. And on and on it goes.
New Labour were actually quite right wing and clearly played a part in growing the Little Englander mentality.
The idea that somehow New Labour either weaponised or could magically fix a centuries standing mentality in the face of circumstances is preposterous. The Tory party had from 1997 to 2005 three very eurosceptic leaders (Hague, IDS and Howard) who turned the party into a single issue party banging on about immigration all. the fecking. time. It had resonated with the mentality of a lot of working class voters and Labour couldn't really ignore the issue entirely hence some of the moves you describe above.