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Labour’s economic strategy is about delivering a fairer, more prosperous society for the many, not just the few.

We will measure our economic success not by the number of billionaires, but by the ability of our people to live richer lives.

Labour understands that the creation of wealth is a collective endeavour between workers, entrepreneurs, investors and government. Each contributes and each must share fairly in the rewards.

This manifesto sets out Labour’s plan to upgrade our economy and rewrite the rules of a rigged system, so that our economy really works for the many, and not only the few. Britain is the only major developed economy where earnings have fallen even
as growth has returned after the financial crisis. M􀀁ost working people in Britain today are earning less after inflation, than they did ten years ago. Too many of us are in low-paid and insecure work. Too many of us fear our children will not enjoy the same opportunities that we have.

Labour will turn this around.
We will upgrade our economy, breaking down the barriers that hold too many of us back, and tackling the gender pay gap. Our National Transformation Fund will deliver the investment that every part of Britain needs to meet its potential, overcoming years of neglect. Our industrial strategy will support businesses to create new, high-skilled, high-paid and secure work across the country, in the sectors of the future such as renewables. W􀀃e will stop our financial system being rigged for the few, turning the power of finance to work for the public good. And we will put small businesses at the centre of our economic strategy.

The growth created by our national investment plan, underpinned by the responsible economic management embodied in our Fiscal Credibility Rule, will create good jobs, drive up living standards and improve the public finances.

It is a plan that will deliver Labour’s vision of an economy that works for the many, not just the few – a Britain in which no one is held back.

Have a look at the downloadable PDF of our manifesto to see how we address the following issues:

A fair taxation system
Balancing the books
Infrastructure investment
Upgrading our economy:

Labour’s industrial strategy
Transforming our financial system
A new deal for business
Widening ownership of our economy
Sustainable energy