Jeremy Corbyn has launched Labour's
general election manifesto and vowed to
transform the United Kingdom if they win
he unveiled the wide-ranging plans in
Birmingham promising what he called a
green transformation of the economy and
a manifesto for hope a Labour government
would nationalize rail mail water and
energy companies they would build at
least 150,000 new council and social
homes every year until 2025 levels not
seen since the late 70s and mr corbyn
said there be a one-off windfall tax on
oil companies to pay back the damage
done to the climate there be big tax
increases on higher earners and
companies to pay for the plans here's
our political editor Laura Coons burg
her report contains flash photography is
it time time for a much bigger state
time for a government to spend and tax
more time for a leader at its head who
strongly believes the answer is yes to
rapture and some of his ranks but who
presides over a party but there are
still even doubts about him language
manifesto is a manifesto for hope a
manifesto that's full of popular
policies that's the political
establishment has blocked for a
generation labour is on your side and
there could be scarcely a clearer
demonstration of that than the furious
reaction of the richest and most
powerful he'd write huge checks paid for
with the public purse using higher taxes
on business and the wealthy spending and
changing the rules our investment blitz
will rebuild our schools our hospitals
care homes and the housing so
desperately need this will be investment
on a scale you've never known before
we'll launch the biggest council house
building programme since the 1960s and
cap rents
he promised tough new targets for
scrapping carbon emissions extra free
care for the elderly the universal
credit benefit system would go along
with university fees in England there
was now the familiar chant among the
crowd labour would not privatize any
more of the health service but when it
comes to the biggest issue in the
country right now only a careful
Restatement of the position Jeremy
Corbyn won't say whether he would stay
or leave he'd ask you on the EU again we
will secure a sensible deal that
protects manufacturing and the Good
Friday Agreement and then put it to a
public vote alongside the option of
remaining in the EU so let's take this
out of the hands of politicians and give
the British people the final say with no
final decision on Europe no final
decision on EU immigration and it's not
just the scale of the leadership's plan
that's controversial a small group of
Jewish protesters were outside mr corbyn
though undeterred it's time for real
change thank you
why do you think the whole country wants
much much bigger spending and a much
much bigger state because this manifesto
has put rocket boosters on what you
promised in 2017 and it didn't convince
the country to give you a majority then
yes it is a radical manifesto but if you
travel around this country and you talk
to people
radical answers are what's necessary
drops have an offer on the table that
matches the scale the problem we face at
the moment in the 21st century if we can
get big it beyond brexit labour win this
election do you think he's gonna be
moving into number 10 I hope so I hope
so
promise my son that we could play some
FIFA there so whatever family plans
they're after Downing Street this
election is a huge and serious moment
for the Labour leader and for all of us
as Jeremy Corbyn heads off round the
country be in no doubt his manifesto
isn't about tinkering around the edges
but offering a totally different way of
running the country but there are doubts
over whether it's realistic or whether
the country is ready for him
elections are about bold statements on
big platforms that millions of small
moments - we face an epic decision in a
few weeks time but it will be taken one
by one clora Kreuzberg BBC news
Birmingham well Labour's
multibillion-pound plans would mean the
biggest increases in spending tax and
borrow we've seen in peacetime history
that's according to the leading
think-tank the Institute for Fiscal
Studies our economic status of faisal
islam has been looking at Labour's
proposals and what impact they could
have on the economy faisal thanks Sophie
this is a radical attempt to change
Britain's business model involving not
just huge amounts of public spending and
investments but also an attempt to
rewire the way the economy works there
would be significant sums going to
schools and reopening shore start
centres for preschool children about 16
billion pounds and more than 18 billion
a year also to deal with health care and
social care in particular and five
billion a year will be spent on an
immediate inflation busting pay rise and
later earnings increases for public
sector work
alongside other pledges 83 billion
pounds in spending Rises matched yes by
83 billion pounds in extra taxes that
Labour says it can squeeze from business
and the rich firstly for example a
whopping 24 billion pounds would be
raised by reversing corporation tax cuts
that's the tax on business profits
higher taxes for the top 5% of earners
those on more than 80,000 pounds
including a 50 P rate for those earning
over 125,000 and this is new a major
change to the taxation of wealth making
capital gains tax rates the same as
income tax so as high as 50 P rather
than 28 P raising 14 billion these are
massive sums raised from a small number
of wealthy people and businesses and
raise real questions Labour's tax and
spending plans would take both tax and
spending to levels not seen in the UK in
peacetime these are very big plans
indeed 80 billion of tax rises they say
just from companies and the rich in
practice taxes on companies affect all
of us anyway
but if you want this scale of
transformation you're actually going to
have to have a broader set of tax
increases than that and affect many more
people to the 83 billion pounds extra
day-to-day spending for the public
sector
there's also long term spending on for
example creating a hundred thousand
council homes a year that borrowed money
to the investment in a green Industrial
Revolution and you get to a large sum of
extra spending about a hundred and forty
billion pounds a year roughly the size
of NHS England annual spent hundreds of
billions over the Parliament
interestingly the other parties are
offering some similar ideas using
government spending power to borrow
cheaply to invest hundreds of billions
in a green future though labour has
pushed this by far the farthest it is a
decisive shift of Britain to a bigger
state taxing big business more taking
spending and Taxation to levels in the
British economy not seen outside of a
crisis for decades but as high as that
is in UK history it is just above German
levels and it's actually around the
average for Europe Sophie
thank you well Jeremy Corbyn says that
Labour's plants are radical and are
about bringing people together the party
is also promising all workers at least
10 pounds an hour for the so-called real
living wage with public sector employees
getting a 5% pay rise as well they'll
offer free personal care to over 65s
in England and in higher education
labour says they will abolish tuition
fees and bring back maintenance grants
on the crucial issue of brexit labour a
promising to renegotiate a new deal with
the EU and then have another referendum
although mr corbyn will not say how he
would vote our political correspondent
Alex Forsythe has been to Hastings a
marginal seat with a small Tory majority
the voter to leave the EU to find out
what voters there make up the plans
there is a battle in Hastings this
seaside town was narrowly won by the
Tories in 2017 now
this working fishing port is exactly the
kind of seat labour needs for an
election victory on the edge of town
staff at this manufacturing business had
half an ear on Labour's offer today for
some long-term supporters it was
persuasive I believe in good housing
people
I believe in you know good national
health service education I believe in
all the things everybody else believes
thing I actually believe that labor will
do more for normal people I think he
plans to take a lot of that money from
the rich Copenhagen corporation rather
than from you know I think that's you
know a good way to go and I think the
British Royal should be nationalize
there are some 60 employees here making
high-end electrical switches in sockets
some of the many labor wants to win
round
Kameron an apprentice was attracted by
uni without the fees it's always that
money part that's put me away from area
so if there were no fees that might
change your mind you percent if there's
no fees I think is the same for a lot
more people my age Labour's pitch is
investment across the board but some
aren't convinced how can you say you're
gonna find all this money when all the
other parties down the line they've all
done the same thing but they've not
found the money so where does he think
he's gonna find it from for many voters
credibility is an issue in this contest
who will deliver what's promised Jeremy
Corbyn might hope this broad offer on
domestic policy has wide appeal not
least to those whose priority isn't
breakfast the problem he has is how that
goes down with labour supporters who
wanted to leave the EU and don't want
another referendum for many fishermen in
Hastings fed up with EU quotas brexit is
the biggest thing in this election this
industry might have had labour
traditions here but there's a loss of
faith why I have another referendum is
that the best of free it's a nonsense
you've had a democratic decision made by
the people and that should be upheld the
anger clear the angling Association
disappointment with pledges and promises
all this business about what they're
gonna do when I get in they're gonna
give you free this or free that they're
gonna give I don't believe it I don't
believe anything anymore convincing
voters in these key seats could win or
lose this election crucial could be how
Labour's policy
compares to brexit frustration Alex
Forsyth BBC News Hastings in spec is
here now so Labor planning to spend and
borrow huge sums of money it would be
like anything we have seen for decades
it's a really really huge change that
they're arguing for a big departure from
what's been the sort of political norm
for the last few decades but they
believe that massive price tag is worth
it because they think the country needs
massive changes but it would be really
really dramatic in a way watching Jeremy
Corbyn and listening Jeremy - Jeremy
Corbyn today it was kind of felt to me
like it's the manifesto that he's always
wanted to present you know he's been the
Labour leader for four years and it was
kind of an application for the
principles that he's known for in a 2019
setting the big risk of course for the
Labour Party is whether or not there are
enough people in the country who are
actually up for the really dramatic
scale of change that they are arguing
for the polls which we should be careful
about but the polls at the moment
suggest probably not but the election is
three weeks tonight and we saw last time
in 2017 that the manifesto day for the
Labour Party didn't get them to number
ten but it did create a big moment in
the campaign that began to change the
dynamics I mean while today some new
figures about the amount of money that's
being donated to political party since
the start of the campaign that's right
an astonishingly you know in a way when
you look at it as an outsider the
Conservatives had five million pounds
being poured into their coffers in the
first week of the election campaign
that's around 25 times equivalent
amounts that were given to the Labour
Party and to the Lib Dems really
important to say though that they are
all subject to the same spending limits
in this campaign so just because
different parties have got different
amounts pouring in or not it doesn't
mean that during the campaign they will
actually be spending very very different
amounts around the country but if
anything is another reminder of just how
what the contrasts are like in this
campaign and I know I've said it before
I think I'll say it again in the next
few weeks this time we cannot say
they're all the same
our political editor look inspect thank
you