Labour will do well to lose only 29 seats, says Unite leader
- Author: Leroy Wright May 30, 2017,
May 30, 2017, 1:54
Britain's opposition Labour Party launched a "radical and responsible" election manifesto on Tuesday, showing a shift to the left to try to capitalize on voters' concerns over education and health before next month's vote.
But think tanks and lobby groups representing private enterprise across the United Kingdom have said the manifesto fails to address some of the most pressing issues, particularly relating to the economy and Britain's competitiveness in an evolving Europe.
Titled "For the many not the few", the manifesto says the population is coming under "increasing strain" from falling living standards, growing job insecurity and shrinking public services.
On Brexit, the party would not seek to reverse the referendum result but promises a different approach to negotiations, with an emphasis on "retaining the benefits" of the single market and the customs union.
Its measures include increased tax rates of 45p for those earning more than £80,000 and 50p for those earning more than £123,000, as well as an "excessive pay levy" on salaries of more than £330,000.
Labour has said the rise would fund increased investment in the state-run National Health Service (NHS) and would only affect five percent of earners. While many of Labour's policies are popular - among them, renationalizing some rail, energy and utility companies - the party faces hard questions about how it plans to fulfill its pledges without large increases in taxes and government borrowing.
Labour also promised to renationalise the railways, water companies and part of the energy sector.
Opinion polls consistently give the Conservatives a big lead over Labor.
Labour's manifesto - published on Tuesday - did not set out how plans to nationalise the national grid and the water industry would be funded.
"The reality is in the vast majority of seats across Scotland's central belt, it is the Labour Party that stands a very strong second to the SNP".
Jeremy Corbyn's chief union cheerleader has dramatically admitted Labour can not win the general election and claimed 200 seats would be a good result.
Robertson, the SNP's depute leader, said voters in Scotland would recognise much of what Corbyn pledged.
He described Labour's proposed inflationary cap on rent rises as "misguided" and said that it could "squeeze supply, with negative consequences for tenants".
Conservative chief secretary to the treasury David Gauke said: "Jeremy Corbyn's nonsensical ideas simply don't add up".
The IFS said it could raise £7bn per year - more than the £4.5bn expected by Labour - but added "some of those affected would respond by reducing their taxable incomes, reducing the amount raised".
"Tax burden already heading upwards".