Labour Manifesto 2017

19 May 2017

The Labour party has published their manifesto. Pledges to affect employers include:

  • An increase in income tax for those earning over £80,000

  • Bringing the threshold for the 45p rate of income tax down from £150,000 to £80,000

  • A new 50p tax will affect all those earning over £123,000

  • Raising corporation tax to 26 per cent

  • Extra powers for HMRC to chase individuals and companies who avoid tax

  • Fair rules and reasonable management of migration

  • Immediately guarantee existing rights of EU nationals living in Britain and secure reciprocal rights for UK citizens living in another EU country

  • Abolishing the Great Repeal Bill and replace it with an EU Rights and Protections Bill

  • Extra funding for the NHS through increased income tax for the top 5 per cent earners, increased tax on private medical insurance and halving management consultants' fees

  • Introducing equal pay audit requirements on large employers

  • Making the Minimum Wage a real Living Wage – at least £10 by 2020

  • Creation of a Ministry of Labour to deliver investment in enforcing workers' rights

  • Removing zero-hours contracts

  • Employers stopped from only recruiting from overseas

  • Rights for all workers to have access to trade union

  • Paternity leave doubled to four weeks and paternity pay increased

  • Protections for women on maternity leave strengthened

  • Four new public holidays to mark patron saints' days

  • A 20:1 limit on gap between the lowest and highest paid workers in companies given Government contracts

  • Reduce pay inequality through legislation by introducing an "excessive pay levy" on companies with high numbers of staff on high pay

  • Guarantee the state pension ‘triple lock’ throughout the next Parliament. It will rise by at least 2.5 per cent a year or be increased to keep pace with inflation or earnings, whichever is higher

  • Review cuts to Universal Credit and limits on payments to first two children of families.

Further details can be found in the Labour Manifesto 2017.