General election 2017: Len McCluskey 'can't see Labour winning'
Jun 01 2017
A Labour government would increase taxes by nearly £50 billion and borrowing by £25 billion a year to pay for "a fairer, more prosperous society for the many, not just the few", Jeremy Corbyn has announced.
Plans to raise corporation tax, increase the income tax rate to 45p in the pound for those earning more than £80,000 a year and 50p for those on more than £123,000, and a new tax avoidance program were set out in a separate breakdown of how his program would be funded.
The party's manifesto for the June 8 General Election envisages extra spending totalling £48.6 billion to pay for priorities like scrapping university tuition fees, raising the minimum wage to £10 an hour and pumping £6 billion a year into schools and £7 billion into health and social care.
Mr McCluskey said it was hard for the party to challenge now only two years after losing an election and one year after Labour MPs attempted to replace Mr Corbyn as leader, a move he said gave the impression of a divided party in the minds of many voters.
Nationalising the water and energy industries will cut household bills by £220 a year, Labour has claimed.
Lib Dem shadow first secretary of state Alistair Carmichael accused Labour of committing itself to "Theresa May's Brexit agenda" through its acceptance of an end to freedom of movement in its manifesto.
The party also plans a levy on businesses with staff earning large salaries over £330,000. The 2017 campaign is not one of them.
The Labour leader said he was not dictatorial and the manifesto was the result of listening to the concerns of voters across the country.
Mr Corbyn said: "One of our key commitments is a Crossrail for the North, from Manchester across to Newcastle".
The boost for Mr Corbyn's party comes amid a gradual rise in Labour's polling numbers since the start of the campaign.
Despite last week's Labour manifesto leak, Jeremy Corbyn's party appear to be as popular with punters as they ever have.
Labour's manifesto for Britain's June 8 election was greeted by both supporters and opponents as a return to the party's democratic socialist roots after the business-friendly "New Labour" years under Prime Ministers Tony Blair and Gordon Brown.
The YouGov survey pushed the overall support for Labour to 32%, while the Conservatives' lead was reduced by a point to 45%. But I don't see Labour winning.
"What we see from Labour's proposals today is they don't add up and their nonsensical economic policies mean that it is ordinary working families that would pay the price of Labour's coalition of chaos".
Mr Corbyn defended his tax plans, which include a guarantee of no hikes in VAT, personal national insurance contributions or income tax for 95% of workers, and insisted it was "reasonable" to look to raise money from the highest earners.