By Arthur Townend
Downloading PDF. Please wait... Issue 2910

Labour vows to be ‘party of wealth creation’ for bosses

The Labour manifesto's promise for “economic stability” means no policies that might upset bankers, bosses and the rich.
Issue 2910
Labour leader Keir Starmer was joined by billionaire Deborah Meaden as he launched Labour's plan for small businesses. (Picture: Keir Starmer on Flickr)

Labour leader Keir Starmer joined by billionaire Deborah Meaden (Picture: Keir Starmer on Flickr)

Keir Starmer launched Labour’s manifesto on Thursday of last week to praise from bosses—and heckles from climate campaigners.

Starmer said Labour is “pro-business” and the “party of wealth creation”.

But the start of Starmer’s speech was interrupted by Alice, a protester from Green New Deal Rising, shouting, “Same old Tory policies.” Starmer didn’t announce any new policies.

The centrepiece of the Labour manifesto is “economic stability”—meaning no policies that might upset bankers, bosses and the rich.

“You cannot play fast and loose with the public finances,” Starmer said. Spending pledges in Labour’s manifesto are minimal.

They include promises to set up Great British Energy (GBE) and the National Wealth Fund. GBE will be a publicly-owned power company that will compete with private corporations.

It will receive only £8.3 billion of funding over the next five years, with no plans for nationalising utilities.

Untouched The National Grid’s operating profit was £4.8 billion from 2022-23, but the Labour manifesto leaves private profit untouched.

Labour won’t raise taxes on the rich or corporations to pay for GBE or the Wealth Fund.

Capping corporation tax at 25 percent, there will also be no rise in capital gains tax.

Instead, Labour will fund infrastructure through the current windfall tax on oil and gas companies.

It talks of a “crackdown” on people who dodge tax through “non-domiciled” status, when the rich live in Britain but are legally registered elsewhere.

Alice, the protestor, said that, “We need better, the climate can’t wait. We need a green new deal now.”

Labour’s “New Deal for Working People” is tenuous.

It includes banning fire and rehire practices, ending zero hour contracts and repealing the 2016 Trade Union Act that placed turnout thresholds on strike ballots.

But Labour has given big business an effective veto.

The manifesto states, “We will consult fully with businesses, workers and civil society on how to put our plans into practice before legislation is passed.”

Starmer will also build on the Tories’ attacks on migrants. Labour’s new Border Security Command would ensure “failed asylum seekers can swiftly be sent back”.

Labour’s commitment to reduce migration forgets how reliant the health service is on migrant workers.

Labour won’t give a huge injection of cash to the NHS or kick out the private companies that leach off the health service.

Instead, it wants overstretched health workers to do more.

The party’s commitment to 40,000 more NHS appointments each week will be achieved “by incentivising staff to carry out additional appointments out of hours”.

Despite Starmer’s claims that this is “a plan to change Britain”, he’s committed to not upsetting the rich and bosses.

The promises that Starmer left out The Labour manifesto dropped some of its key commitments. The most significant omission is that the NHS “is not for sale”.

The National Policy Forum document from October 2023 stated that, “Under Labour, the NHS is not for sale.

Labour will always protect our NHS as a publicly funded service, free at the point of use.” But, “the NHS is not for sale” is absent from the manifesto.

The manifesto says that the NHS will “always be publicly owned and publicly funded”, but it leaves the question open about who will be providing the healthcare in the NHS.

Shadow health secretary Wes Streeting has committed to using private NHS contracts.

But this comes at the expense of investment into the NHS itself—private healthcare providers have made £10 million a week since 2012 from private contracts.

Streeting wants to increase the NHS’ reliance on the private sector. Labour has also dropped a number of housing pledges it had made.

It has maintained its commitment to building 1.5 million new homes, but it has scrapped its specific target for 40 percent of those homes to be affordable housing.

And a number of pledges made for the private rental sector are absent from the manifesto.

Labour previously pledged longer notice periods for private rents, the introduction of a national landlord register and a legally binding Decent Homes Standard.

The national landlords’ register would have forced landlords to submit independent evidence of property and management compliance, like gas safe certificates and electrical tests.

But all these pledges are absent in the manifesto highlighting Labour’s abandonment of supporting working class people.

The manifesto also dropped the homeownership target of 70 percent. Labour has also dropped its green spending pledge.

Previously a £28 billion yearly commitment to green infrastructure, it has been cut to roughly £4.7 billion a year.

The commitments dropped by the Labour Party show the trend of Starmer’s leadership.

Tommy Robinson throws his weight behind Farage Fascist Tommy Robinson—founder of the English Defence League—endorsed Nigel Farage and Reform UK in a social media video last Sunday.

“Nigel Farage’s winning over the people and he’s putting across our arguments to the nation very skilfully and in a great way.

There is only one option at this election and that is Reform UK,” he said.

The fact that Robinson—an Islamophobe who calls for “foreigners out” and dubs Palestine protesters “terrorist scum”—gives them endorsement is a testament to how vile Reform UK’s racism is.

And Robinson has called for a protest on 27 July—a “march for freedom”, in his words.

He will spew his vile racism out on the streets. Speaking about the demonstration, he said, “You will realise on 4 July how desperately we need a cultural movement. On 27 July, we’re going to take over London.”

Robinson and his street thugs must be opposed. Stand Up To Racism (SUTR) has called a counter-demonstration—anti-racists from across Britain must fight to show that fascists are not welcome on our streets.

So far the election has been one full of racist attacks on migrants and refugees.

It’s been one where both far-right Farage and fascist Robinson, enabled by the Tories and Labour’s peddling of racism, have been trying to mobilise people around them.

We need a principled anti-racism that fights back—and makes no compromises with racist lies.

Racists want refugees to die and less tax for rich

Reform UK launched its manifesto on Monday—a document full of racism towards refugees and tax cuts for corporations.

It promises to freeze “non-essential migration” and “pick up illegal migrants out of boats and take them back to France”.

Reform UK would rather refugees drown than reach safety.

It promises to “protect our culture, identity and values”, force through £50 billion in austerity cuts, and abandon all net zero climate targets.

Nigel Farage says this is necessary because Britain is “broken socially” and “in decline culturally”.

“We have begun to forget who we are, what our history is and what we stand for”, he said.

It’s all lies. He is selling racist myths in exchange for votes. Farage claims to be different from the political class—but he’s one of them, just another politician at the top seeking to divide ordinary people.

Bigots attracted to Reform

A Reform UK election candidate previously urged people to vote for the fascist British National Party (BNP)—and was forced to resign by Reform UK last Sunday.

Grant StClair-Armstrong, who is standing in the seat of North West Essex, posted, “I could weep now, every time I pick up a British newspaper and read the latest about the state of Britain.

“No doubt, Enoch Powell would be doing the same if he was alive. My solution… vote BNP!”

He’s calling for a vote for a Nazi organisation that was dedicated to creating an “all white Britain”.

To have a candidate that calls for a BNP vote shows the racists that Reform UK attracts.

And StClair-Armstrong used a blog to post “jokes” using racial slurs about Chinese and Pakistani people and a “joke” about “female hormones”.

Reform UK was forced into action after his comments attracted outcry. It was fearful of losing votes.

But there are many more like StClair-Armstrong in its ranks.

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