Labour Manifesto 2017
19 May 2017
The Labour party has published their manifesto. Pledges to affect employers include:
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An increase in income tax for those earning over £80,000
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Bringing the threshold for the 45p rate of income tax down from £150,000 to £80,000
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A new 50p tax will affect all those earning over £123,000
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Raising corporation tax to 26 per cent
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Extra powers for HMRC to chase individuals and companies who avoid tax
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Fair rules and reasonable management of migration
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Immediately guarantee existing rights of EU nationals living in Britain and secure reciprocal rights for UK citizens living in another EU country
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Abolishing the Great Repeal Bill and replace it with an EU Rights and Protections Bill
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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
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Introducing equal pay audit requirements on large employers
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Making the Minimum Wage a real Living Wage – at least £10 by 2020
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Creation of a Ministry of Labour to deliver investment in enforcing workers' rights
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Removing zero-hours contracts
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Employers stopped from only recruiting from overseas
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Rights for all workers to have access to trade union
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Paternity leave doubled to four weeks and paternity pay increased
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Protections for women on maternity leave strengthened
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Four new public holidays to mark patron saints' days
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A 20:1 limit on gap between the lowest and highest paid workers in companies given Government contracts
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Reduce pay inequality through legislation by introducing an "excessive pay levy" on companies with high numbers of staff on high pay
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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
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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.