Labour Manifesto and the main talking points

Labour Party have been considered the front-runner in the 2024 general election.

Keir Starmer’s mantra of “change” has been the bedrock of his campaign, promising Labour has what it takes to deliver a better Britain. Today, the party’s manifesto was launched, and we have highlighted key findings below.

Keir Starmer’s promise

The introduction to the manifesto communicates a commitment to restore the country’s hope by ending the “Conservative chaos”, decline in communities, soaring mortgages and turning the page by returning to the foundations of good governance: national security, secure borders and economic stability. There is also a promise to be “pro-business” and prioritise “wealth creation.”

Taxes

Labour will cap corporation tax at the current level of 25 per cent and is committed to one major fiscal event a year, giving families and businesses due warning of tax and spending policies. It says there will be no increase to National Insurance, income tax, or VAT, but rather, it will raise £8.6bn in tax revenue by closing non-dom loopholes as it plans to abolish the status.

Welfare

The promise is to build 1.5m new homes over the next five years and deliver the “biggest increase in social and affordable housebuilding in a generation.”

Youth

There is a promise to recruit 6,500 new expert teachers in key subjects, have free breakfast clubs, and offer high-quality apprenticeships and specialist technical colleges.

National Security and Migration

Labour plans to maintain NATO's commitment, recognise the Palestinian state, rebuild the UK-EU relationship, and maintain current support for Ukraine. It also plans to create a new Border Security Command to crack down on small boats and people smugglers, vowed to “reduce net migration,” and introduced a new neighbourhood policing guarantee.

Infrastructure and the Economy

Labour is committed to the following to improve infrastructure and the economy:

• £1.8 billion to upgrade ports and build supply chains across the UK

• £1.5 billion to new gigafactories so our automotive industry leads the world

• £2.5 billion to rebuild our steel industry

• £1 billion to accelerate the deployment of carbon capture

• £500 million to support the manufacturing of green hydrogen.

There is also a promise to build an NHS fit for the future by cutting NHS waiting times with 40,000 more appointments every week, increasing the number of cancer scanners, introducing a new Dentistry Rescue Plan and 8,500 additional mental health staff.

To access the full manifesto, tap here