Thursday, 23 May, 2019

Publicly-owned utilities will cut bills by £220 annually, says Labour

General Election Leader Visibility Chart Publicly-owned utilities will cut bills by £220 annually, says Labour
Christy Curtis | 24 May, 2017, 04:34

Critics say the manifesto evokes the party's 1983 offering, described then by a Labour lawmaker as "the longest suicide note in history" for helping the Conservatives win, and the ruling party questioned its funding plans.

Labour's manifesto - published on Tuesday - did not set out how plans to nationalise the national grid and the water industry would be funded.

Mentions of either Theresa May or Jeremy Corbyn by the Conservatives increased from 75% to more than four out of every five posts (84%) across Facebook and Twitter.

Media captionJeremy Corbyn: "This is a manifesto for all generations".

The manifesto also confirms that were Jeremy Corbyn to prove victorious in June, Labour would legislate to ban letting agency fees charged to tenants.

The Lib Dems say their manifesto, due out later, will offer young people a "brighter future".

The Unite leader praised the party's manifesto, launched yesterday, but blamed the media's "constant attack" on Mr Corbyn and internal party divisions for Labour trailing in the polls.

She will accuse the Tories and SNP of trying to hijack the result of the Scottish independence and European Union referendums, and argue a vote for Labour rejects the "extremes" of both those parties.

Asked about the 45p rate for £80,000 earners by Jeremy Vine on BBC Radio 2, he said: "I'm not saying how much they are going to actually have to pay straight away, we will put it up during the parliament".

"Whether that breakthrough can happen, we'll wait and see".

In a sign of the pressures within the Labour camp as it continues to trail in the polls, he told the Politico website: "I don't see Labour winning".

The statement follows Tuesday's remarks that a seat total of 200 - almost 30 fewer than the number won under Ed Miliband in 2015 - would be a "successful" result for Corbyn.

It has been suggested by some Corbyn allies that he should remain leader if he does better than the 30.4% of the vote Labour won at the last election under Ed Miliband.

Labour plans to raise 48.6 billion pounds from taxation to pay for the extra spending.

It said it could cut annual water bills by £100 and energy bills by £120, stopping dividends to shareholders while cutting the cost of interest payments on the companies' debts as the government would be able to borrow more cheaply.

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