To a receptive audience at Bradford University, Jeremy Corbyn, Leader of the Labour Party launched their manifesto for General Election 2017.
Joking that some may have already read parts (it was leaked last week) he set out his vision for the country and why voters should support their Labour candidates, and him as PM, on 8th June.
So what did the manifesto say?
The mantra of ‘for the many not the few’ was repeated several times. Corbyn was preceded by three speakers. They spoke of struggling to make ends meet, children in debt, vital public services such as the NHS being stretched to their limit and schools floundering due to government cuts. The theme they wanted to get across was; people like you deserve better and we’re on your side.
Mr Corbyn spoke a lot about young people and the inequality of a child’s prospects being determined by their postcode. There was also a strong belief that the richest should pay more to support others and public services. We should ‘invest our wealth to give everyone the best chance.’ The Labour leader also claimed his manifesto was a vision of hope for the U.K. and not one, like the conservatives, which was looking backwards.
- Re-nationalise (bring back into public ownership) the railways
- Build 1million new homes, half of which are social housing
- Abolish tuition fees
- The ‘reasonable’ management of immigration
- The renewal of Trident
- An immediate guarantee about the status of EU nationals living in the UK
- An end to hospital parking charges
- Four new bank holidays
- Eliminate the government’s deficit on day-to-day spending in five years
- A National Transformation Fund of £250bn over ten years to upgrade all parts of the economy across the UK
- A Crossrail for the north (Manchester – Newcastle)
- Stop banks closing branches where there is ‘clear local need’
- Reform business rates
- Reverse privatisation of the Royal Mail
- Create publicly owned regional energy and water companies
- An EU Rights and Protections Bill for managing Brexit and a ‘meaningful’ vote at the end for parliament
- A cradle-to-grave national education service
- Raise the Minimum wage to the Living wage level (£10)
- Ban zero-hours contracts
- Increase Carers Allowance
- Scrap the NHS pay cap and invest £30bn extra in the next parliament
- Recruit 10,000 more police officers
How will this be paid for?
Labour’s pledges will cost £48.6bn. So, where will this come from….
- Income tax will increase to 45p for people earning over £80,000
- Income tax will increase to 50p for those on more than £123,000
- Corporation tax will increase from 19% to 26%
- A ‘Robin Hood’ tax will be imposed on financial transactions
- Surcharges will be put on companies paying salaries over £330,000, starting at 2.5%