One Nation Economy

We need an economy that works for working people not just the few at the top. That isn’t the economy we have at the moment.

Economic growth is flatlining, nearly one million young people are out of work and prices are rising faster than wages. Yet David Cameron is prioritising a tax cut for millionaires while working people pay more.

Labour will support working families and act to bring down household bills.

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Photo Credit: PA images - Anna Gowthorpe

Labour

  • Cancel the tax cut for millionaires and the raid on tax credits for working families
  • Introduce a mansion tax on properties over £2million and bring in a 10p tax rate for low and middle income earners
  • Tax bank bonuses to guarantee a job for 100,000 young people
  • Take on the big energy firms and train companies to bring down household bills

Tories

  • Giving 13,000 millionaires a tax cut worth £100,000 while making working families pay more
  • One earner families will be £534 worse off by 2015
  • Nearly one million young people are out of work
  • The economy is flatlining and David Cameron is having to borrow £212bn more than he planned