Former Labour leader Jeremy Corbyn is launching a new project to "promote his values worldwide".

The 71-year-old, who presided over the party’s antisemitism crisis, has set up a new company, Peace and Justice Project Ltd, based in a disused shop in London’s Docklands.

According to material promoting the launch event on January 17, the initiative will be "a powerful network to generate ideas, share experience, build solidarity and drive change".

Co-hosting the online launch event will be Coventry South MP Zarah Sultana, who in 2015 wrote she would “celebrate” the deaths of Tony Blair and Benjamin Netanyahu and posted about her support for “violent resistance” by Palestinians. After the JC exposed the posts, Ms Sultana denied supporting violence and apologised.

Also on panel will be Unite the Union general secretary Len McCluskey, a staunch ally of Mr Corbyn who stood by the former leader throughout Labour’s antisemitism crisis. Mr McCluskey was recently accused of using an antisemitic trope after telling a Newsnight interviewer that Labour Party grandee Lord Peter Mandelson should “just go into a room and count his gold.” Mr McCluskey denied using racist language and apologised to Mr Mandelson. 

A source told the Sunday Times that the project would be “a vehicle for Jeremy to promote his values worldwide”.

The new company will be co-directed by Labour peer Baroness Christine Blower, a former head of the National Union of Teachers who once stood as a candidate for the hard-left London Socialist Alliance.

Material promoting the launch event says: “From coronavirus to climate change to Black Lives Matter, 2020 has been a stark demonstration of the injustices we face, and of how connected we are.

“Lifelong campaigner and former Labour Party leader Jeremy Corbyn is launching a brand-new Project for Peace and Justice, a powerful network to generate ideas, share experience, build solidarity and drive change.”