Monday, 12 April 2010

BBC News - At-a-glance: Labour election manifesto

Labour manifesto cover

Unlike in recent elections, there are no big spending promises as Labour acknowledges the tough economic climate. Included is a promise not to raise income tax, a pledge that was also in the 2005 document - and later broken.

Other plans could see under-performing schools, hospitals and police forces taken over by teams from more successful organisations.

A "toddler's tax credit" would provide £4 per week extra for families with one and two-year-olds from 2012, while all cancer test results would be available within a week, the party promises.

ON THE ECONOMY
  • Secure the recovery by supporting the economy and halving the deficit by 2014 through growth, fair taxes and cuts to lower priority spending
  • A commitment not to raise any of the rates of income tax and not to extend VAT on food, children's clothes, books, newspapers and public transport fares
  • National Minimum Wage to rise in line with average earnings by the end of the next Parliament
  • Government as an employer committed to offering a living wage to staff in all departments. This is currently set higher than the minimum wage at £7.60 an hour
  • Promise to keep business taxes "as low as possible"
  • Realise stakes in publicly-controlled banks, introduce a global levy and reform banking rules
  • An option to turn Northern Rock into a mutual rather than privatising it as part of a wider commitment to building societies

Posted via web from Hexham Matters

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