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General election live: Labour says wealth creation ‘is our number one priority’ as it prepares to launch manifesto


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Keir Starmer is due to set out his party’s policies at the manifesto launch in Manchester

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Good morning. Keir Starmer is launching Labour’s election manifesto today. He is offering stability, and one consequence of that is that Labour has been running a campaign focused on core policy pledges that have been well publicised already. It’s a no-surprises approach, and in keeping with that the document won’t contain any big reveals.

Instead, as Kiran Stacey and Rowena Mason write in their overnight preview, Starmer will stress Labour’s commitment to growth and wealth creation.

Some people say that how you grow the economy is not a central question – that it’s not about how you create wealth, but how you tax it, how you spend it, how you slice the cake, that’s all that matters.

So let me be crystal clear – this manifesto is a total rejection of that argument, because if you transform the nature of the jobs market, change the infrastructure that supports investment into our economy, reform the planning regime, start to unlock the potential of billions upon billions in projects that are ready to go, held up by the blockers of aspiration, then that does so much more to our long-term growth prospects.

The same is true of our public services. If we could grow the economy at anything like the level the last Labour government did, that’s an extra £70bn worth of investment for our public services.

Wealth creation is our number one priority. Growth is our core business – the end and the means of national renewal. The mandate we seek from Britain at this election is for economic growth.

This changed Labour party has a plan for growth. We are pro-business and pro-worker. The party of wealth creation.

We have a plan in this manifesto that represents a total change in direction, that is laser-focused on our cause. A government back in the service of you and your family.

The painful truth is that there is no crock of gold.

We can improve our position as a nation only by working together to create greater wealth.

Continue reading…Keir Starmer is due to set out his party’s policies at the manifesto launch in ManchesterSign up for Election Edition, our UK election newsletterGood morning. Keir Starmer is launching Labour’s election manifesto today. He is offering stability, and one consequence of that is that Labour has been running a campaign focused on core policy pledges that have been well publicised already. It’s a no-surprises approach, and in keeping with that the document won’t contain any big reveals.Instead, as Kiran Stacey and Rowena Mason write in their overnight preview, Starmer will stress Labour’s commitment to growth and wealth creation.Some people say that how you grow the economy is not a central question – that it’s not about how you create wealth, but how you tax it, how you spend it, how you slice the cake, that’s all that matters.
So let me be crystal clear – this manifesto is a total rejection of that argument, because if you transform the nature of the jobs market, change the infrastructure that supports investment into our economy, reform the planning regime, start to unlock the potential of billions upon billions in projects that are ready to go, held up by the blockers of aspiration, then that does so much more to our long-term growth prospects.
The same is true of our public services. If we could grow the economy at anything like the level the last Labour government did, that’s an extra £70bn worth of investment for our public services.
Wealth creation is our number one priority. Growth is our core business – the end and the means of national renewal. The mandate we seek from Britain at this election is for economic growth.
This changed Labour party has a plan for growth. We are pro-business and pro-worker. The party of wealth creation.
We have a plan in this manifesto that represents a total change in direction, that is laser-focused on our cause. A government back in the service of you and your family.The painful truth is that there is no crock of gold.We can improve our position as a nation only by working together to create greater wealth. Continue reading…