Labour would invest £250bn over the next 10 years in boosting the UK’s infrastructure and build at least 100,000 council and housing association houses a year, according to a leaked draft of the party’s election manifesto.
The 45-page document contains a string of pledges but reportedly still has to be approved by around 80 Labour figures, including the shadow cabinet and the party’s National Executive Committee.
The draft includes pledges on:
Infrastructure: The document says Labour would “take advantage of near-record low interest rates to invest £250bn over 10 years” in upgrading the UK’s economy to ensure that transport, energy and digital infrastructure are “fit for the 21st century”. The party would also renationalise the railways.
HS2: Labour would “complete the HS2 high-speed rail line from London through Birmingham to Leeds and Manchester, and then into Scotland, consulting with communities affected about the optimal route”, it says.
Crossrail 2: The party would commit to building Crossrail 2 and “devolve responsibilities for running the commuter train lines to the Transport for London authority”.
Housing: By the end of next parliament, Labour says it would build “at least 100,000 council and housing association homes a year for genuinely affordable rent or sale”, claiming “the Conservatives have no plan to fix the housing crisis”.
EU nationals: A Labour government would “immediately guarantee existing rights for all EU nationals living in Britain and secure reciprocal rights for UK citizens who have chosen to make their lives in EU countries”.
Skills: A Jeremy Corbyn-led government would “introduce free, lifelong education in FE colleges, enabling everyone to upskill or retrain at any point in life”.
Apprenticeships: Labour says it will keep the apprenticeship levy but “take steps to ensure that every apprenticeship is of a high quality”. It would also “set a target to double the number of completed apprenticeships at NVQ Level 3 by 2022”.
Zero-hour contracts: The contracts would be made illegal, under a Labour government
Blacklisting: Labour calls for a public inquiry into blacklisting – to ”ensure that blacklisting truly becomes and remains a thing of the past”.
Late payments: Any firm bidding for a government contract would have to pay its own suppliers within 30 days, according to the party’s draft manifesto.
Pay ratios: Companies bidding for public contracts will be subject to paying their bosses a maximum of 20-times that of the lowest paid in their organisation.
Industrial strategy: Labour says it would “deliver universal superfast broadband availability by 2022”, improve 4G coverage and “invest to ensure all urban areas as well as major roads and railways have uninterrupted 5G coverage”.
The Conservative manifesto is due to be published next week, ahead of the general election on 8 June.