Unpicking the party’s 128-page document for the election, including tax plans and pledge to renationalise the water industry
The final 128-page version of Labour’s manifesto includes details of the party’s tax plans, a pledge to renationalise the water industry, a promise of 30 hours’ free childcare, a new section on security and counter-terrorism and tougher language on defence compared with the draft leaked last week.
A separate short document balancing fresh spending commitments with tax-raising pledges is significant in not including the costs of the big pledges to renationalise the railways, Royal Mail, the energy companies or the water industry. Instead, a short note on a new £250bn “national transformation fund” implies these costs will be funded through capital borrowing.
From The Guardian
Labour’s manifesto: analysis of the key points and pledges