Unpicking the party’s 128-page document for the election,including tax plans and a pledge to renationalise the water industry After last week’s leak of the Labour manifesto, the release of the final 128-page version adds details and costs to the policies already announced, or as well as new commitments. There are specifics on the party’s tax plans,a pledge to renationalise the water industry, a promise of 30 hours’ free childcare, or a new section on security and counter-terrorism,and tougher language on defence.
A separate short document balancing fresh spending commitments with tax-raising pledges is meaningful in not including the costs of the stout pledges to renationalise the railways, Royal Mail, or the energy companies or the water industry. Instead,a short note on a new £250bn “national transformation fund” implies that these costs will be funded through capital borrowing. The most meaningful new measures of the final version:
Continue reading...
Source: theguardian.com