Yesterday the Labour party released their manifesto.
This is a BIG DEAL.
In their 86 page manifesto, they set out what they will do if elected on May 7th.
That means lots of promises, some sweeping statements, and lots of persuasion to try and win our votes.
Luckily for you, we’ve saved you a bit of time. We’ve decoded what Miliband be sayin’…
Labour Say: Every policy will be paid for without needing any additional borrowing. Labour will reduce the deficit (gap between what the government spends and what it receives in taxes) every year and run a surplus (bring in more money in taxes than it spends and have some left over.) “as soon as possible” … but they don’t actually say when this would be…
TAX, TAX, TAX:
People with an income of £150,000 and more will contribute a squidge more with a 50p rate of tax… this is an increase from 45% at the moment. Don’t know what that actually means? Neither did we, but we wrote four lines to try to explain…
No increase in the basic rates of income tax or national insurance. So the amounts of tax you pay stay the same, but the amount you earn before you pay these different rates will change.
Introduce a lower 10p starting rate of tax for low earners.
Raise the minimum wage to more than £8 an hour by October 2019.
Goodbye to the bedroom tax. Does that mean we don’t have to learn what that is?
Zero hour contracts? You’re done with, you’re history, adios. Didn’t know what they are, Zero Hour Contracts: explained.
Promote a living wage – a living wage being what people realistically need to earn to be able to live on.
Compulsory Job Guarantee – Young people out of work for a year get a paid starter job – which they must take or lose benefits.
Guarantee apprenticeships to students with the right grades. Companies working with major government contracts must offer apprenticeships.
Enhance technical education (think engineers, mechanics etc.) and training by creating new technical degrees and supporting part-time study.
Work benefits for 18 to 21-year-olds to be replaced with a new Youth Allowance depending on recipients being in training and targeted at those who need it most.
Dad, can I have some money? Labour will double paid paternity leave for fathers from two weeks to four weeks
Parents who need childcare you have an extra 10 hours, so do what you will. Labour are promising to give 25 hours of free childcare for working parents of 3 and 5 year olds. That’s up from 15 hours.
WE DON’T NEED NO EDUCATION
Ensure smaller class sizes for 5, 6 and 7 year olds.
Private Schools have to muck in and help with raising educational standards in state schools before they get economic help from the government.
Ensure all young people study English and Maths to age 18…. get those calculators out kids.
Cut university tuition fees from £9,000 a year to £6,000.
“AN NHS WITH THE TIME TO CARE”
You will be able to see a GP within 48 hours, no questions asked.
By 2020 you will be seen within a week for cancer appointments and tests, and training and support will be offered to GPs so they can spot the early signs of the motherfu….
Mental health will be given the same priority as physical health.
Encourage the use of mindfulness in young people… Is yoga going to become a compulsory sport then Ed?
Invest £2.5 billion more than the Conservatives into the NHS to fund 8,000 more GPs, 20,000 more nurses and 3,000 more midwives.
Health, education and international development will be protected from any cuts. That’s right – NO CUTS. REPEAT: NO CUTS TO HEALTH, EDUCATION AND INTERNATIONAL DEVELOPMENT.
ENERGY AND HOW TO LOWER THOSE PESKY EMISSIONS
Turn up the heating… Labour will freeze energy prices until 2017.
Work to remove the carbon from our electricity supply by 2030.
Create a million green jobs (working in the low-carbon energy sector). Do we get jobs in all the other colours as well?
HOME SWEET HOME
At least 200,000 new homes to be built by 2020, and Labour promise to give private renters a fairer deal too.
Work towards Three Year rents becoming the norm (rather than 6 or 12 month short contracts) and stop landlords hiking the price up each year.
Are you 16 or 17? YOU WILL BE GIVEN THE VOTE! #congrats
Rail fares will be frozen for a year.
Call the police…10,000 frontline police jobs protected in the next three years.
Migrants from the EU will not be able to claim benefits until they have lived here for two years. At the moment migrants have to wait three months and then pass a residence test (asking about their situation, skills, and duration of stay) before they can claim benefits for up to 6 months. After 6 months you then have to prove you’re likely to get work to continue receiving money.
Make it illegal to undercut wages by exploiting migrant workers.
Everyone who works for public services will need to speak English.
Go equality: large companies will have to publish their gender pay gap situations.
Stay in the EU but with reform so it works for Britain. What would that reform be?…Let us know if you find out.
SHAKE UP THE POLITICAL SYSTEM
Out with the old… Get rid of the House of Lords and replace with a more democratic system: Senate of Nations and Regions where you must be ELECTED in. Want to know how the current system works?
Move power and control from Westminster… create an English Devolution Act, handing £30 billion of resources and powers to cities and county regions across the country.
No more cheeky jobs on the side …. ban MPs from holding paid directorships and consultancies.
Ministerial pay will be cut and frozen until the books are balanced. Ever wondered what the Prime Minister earns? Check out page 3 of this House of Commons Fact Sheet
SURE THIS ALL SOUNDS GREAT BUT WHERE WILL THEY FIND THE MONEY?
Restrict tax relief on pension contributions for the highest earners: if you’re a rich pensioner the amount of money you can put into your pension fund without being taxed will be lowered equalling more money going to the government in tax.
A bank bonus tax or an extra tax on bankers’ bonuses.
Introduce a British Investment Bank to help UK businesses grow.
Abolish non-dom status so all those who make the UK their home will pay tax in the same way as all of us. Don’t know what a non-dom/ dom-nom/ noddy dommy is? You’re not alone, find out here.
Live in a property worth over £2million? Lucky you… Labour will introduce a mansion tax on properties worth over £2million.
Introduce a levy (tax) on tobacco firms.
All you Jimmy Carrs and Gary Barlows… watch out! Labour will be tackling and clamping down on tax avoidance.
MANIFESTO DECODED: Labour wants you to think they have competent, realistic plans for sorting out the British economy. Labour’s big problem in the past has been that the public think they can’t be trusted with the dolla. Attacking this issue head on is a bold tactic.
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What else do you feel Labour aren’t quite covering? Let us know in the comment box below.