Living Standards are falling for people across the country; households are on average £1400 a year worse off, and energy bills are increasing. It is working people who will feel the squeeze to their living standards, pay is now lower for most people than it was in 2010 and wage growth has been revised down again.
In the face of this, Labour is talking this weekend about the standard of living, setting out how households will be better off under our proposals:
- Giving an extra £6 billion a year to the NHS.
- Scrapping the public sector pay cap for the whole of the public sector; pause and fix the Universal Credit roll-out; and introduce a real living wage of at least £10 an hour by 2020 and an energy price cap.
- Bringing forward investment in infrastructure across every region and nation to create high-wage, high-productivity jobs, and start a large-scale housebuilding programme, backed up with controls on rents.
- Tackling debt by ending over-indebtedness, introducing further controls on high-interest, short-term lending and scrapping tuition fees.
- Reducing inequality by reversing planned tax giveaways for the super-rich like Capital Gains Tax reductions and planned cuts to Corporation Tax; and clamp down on tax avoidance.
Labour’s Vision
We have a vision for a country that works for the many, not just the privileged few, and we have a plan to make this vision a reality. Explore our policies to find out where we stand on the most important issues. You can read our full manifesto here: https://labour.org.uk/manifesto/
Yours views
You can take part in our open and democratic policy-making process. Whether you're a Labour Party member or not, we want to hear your ideas on how the next Labour government should tackle the challenges our country faces, and build a more equal and prosperous Britain.
Use this website to make submissions with your policy ideas throughout the year, join the discussion by commenting on other people’s ideas, or respond to specific policy questions presented by the National Policy Forum (NPF).
Your submissions are sent to the relevant NPF policy commission who will debate your ideas.
Find out more here: https://www.policyforum.labour.org.uk/about
