Britain's Labour launches 'radical, responsible' election manifesto
- Author: Leroy Wright Jun 01, 2017,
Jun 01, 2017, 23:12
And, in a comment that will infuriate many Labour activists and MPs, Mr McCluskey said: "I believe that if Labour can hold on to 200 seats or so it will be a successful campaign".
However, despite Labour likely heading towards its worst UK General Election results, with UK polls indicating that the party may loss between 50-60 seats, William Hill has detailed that Corbyn is still being backed to remain as party leader post 8 June.
Although he accepted that the party was likely to suffer a historic defeat he stopped short of setting...
On Brexit, Mr Corbyn said Labour would "put jobs first" while the Tories would have a plan "geared to the interests of the City of London and risk making Britain a low-wage tax haven".
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. For strong, stable leadership through Brexit and beyond there is only one choice at this election: "Theresa May and her Conservative team".
But what we hadn't seen last week were the costs, detailed in a separate document.
Both Gordon Brown and Ed Miliband resigned after leading Labour to defeats in 2010 and 2015 but, amid speculation that jockeying for position has already begun, there have been suggestions that Mr Corbyn could stay on if he equals the 30.4% vote share that Ed Miliband got in 2015.
Mr Corbyn said that Labour was asking big corporations and the wealthy to pay "a little bit more" to fund a fairer country.
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".
"But while his figures are a fantasy, it's ordinary working families who will pay with higher taxes or higher bills".
Labour promised to renationalise the railways, water companies and part of the energy sector in what critics said was a throwback to an era of far greater state intervention in the economy in the 1970s.
Labour also said if it wins the election on June 8 it would increase taxes on Britain's highest earners, introduce a levy on financial transactions and impose an "excessive pay levy" on companies with staff earning more than 330,000 pounds.
I feel full of confidence now that the opinion polls can start to change.
It was unclear how much of this money, or cash for Labour's plan to nationalise the water industry, would be funded through borrowing.