Labour [noun] [U + singular or plural verb] - the people who want the British Labour Party to be more modern and who support the changes made in the party since the early 1990s. These include less taxation, fewer controls on investment in public services, such as health and education, and more support for business.Union representatives are planning to challenge New Labour policy at the party conference.
NEW
Meaning of NEW in English
Cambridge English vocab. Кембриджский английский словарь. 2012