Starmer’s Bold Reply on UK Rejoining EU: Election Update
TL/DR –
The Conservative Party and the Labour Party, the main parties in the UK, have announced their policies as part of their election campaigns. The Conservatives propose a modern form of national service for 18-year-olds, an ‘age-related’ tax-free allowance for pensioners, a new qualification framework for students aged 16 to 18, and a commitment to achieving net zero by 2050. The Labour Party, on the other hand, pledges not to increase income tax or reverse the recent cuts to national insurance, proposes the abolition of the non-dom tax status and the introduction of VAT to private school fees, plans to increase NHS appointments, aims to form a publicly owned energy company, and plans to recruit around 6,500 new teachers.
As election campaigns are in their early stages, announcements of policies from the leading parties have been piling up. This article provides a breakdown of these policies.
The Conservative Party’s Policies
National service – The Conservatives pledge a modern form of national service for UK’s 18-year-olds, potentially encompassing military or volunteer work.
‘Triple lock plus’ – The party aims to trim taxes for pensioners via a new age-related tax-free allowance named ‘triple lock plus’, promising an increase either in line with average earnings, inflation or by 2.5%, effective from next April.
Education – The Tories commit to a new qualification framework for 16 to 18-year-olds, the Advanced British Standard, and propose mandatory maths and English until the end of school.
Environment – The party reaffirms its commitment to achieving net-zero emissions by 2050, a goal established under Theresa May’s administration in 2019.
The Labour Party’s Policies
Taxation – Labour guarantees no reversal of recent national insurance cuts and no increase in income tax.
Economy – The party’s key economic commitments include abolishing the non-dom tax status and imposing VAT on private school fees.
Healthcare – Labour plans to restore the NHS to full strength by offering 40,000 additional evening and weekend appointments weekly.
Environment – The party plans to establish a public entity, Great British Energy, that would both lower household energy bills and create jobs.
Education – Labour intends to hire 6,500 new teachers in vital subjects and establish a ‘national excellence programme’ for professional development.
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