Britain's Labour Party, considered the frontrunner in the upcoming national election, on Thursday said it would be 'pro-business' and prioritize 'wealth creation' as it released its manifesto.
The party's flagship pledges include the creation of a new publicly owned energy company, a ban on awarding new North Sea oil and gas licenses, reducing patient waiting times in the strained National Health Service and renationalizing most passenger rail services.
Labour Party leader Sir Keir Starmer speaks during the launch of Labour's general election manifesto on June 13, 2024 in Manchester, United Kingdom. Labour is consistently leading the polls by over 20 points, according to the latest YouGov data.LONDON — Britain's left-leaning Labour Party, considered the frontrunner in the upcoming national election, on Thursday said it would be "pro-business" and prioritize "wealth creation" as it released its manifesto.
"Economic growth and social justice must go hand in hand," Starmer said during the headline speech Thursday, calling it a "manifesto for wealth creation, a plan to change Britain." The majority of the manifesto has been previously flagged by the party, including promises to increase windfall taxes on oil and gas firms, remove tax breaks for independent schools, and close what has beenas a "tax loophole" for private equity investors. The party also confirmed it would recognize a Palestinian state, calling statehood "the inalienable right of the Palestinian people.
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