Labour Conference 2018 Pledges

Labour Conference 2018 Pledges

Labour Conference 2018 produced many policy pledges that will definitely be in the next  manifesto.  There was much debate about the way Tory economic policy is widening the gap between the few stinking rich and the many.  Conference concentrated on business and the economy, unlike the Tory conference that regurgitated the same old evil policies.  The Labour Party Conference came up with many pledges to change things for the better and get rid of austerity.

Here is a look at some of the policy pledges made at Conference 2018:

Large firms would be required to save a third of their boardroom seats for workers’ representatives; every company employing 250 or more staff to set up new employee ownership schemes, with firms shifting 1% of their equity into the fund every year, up to a total of 10%.

The establishment of a ‘Public and Community Ownership Unit’ in the Treasury to oversee the handover of privatised industries like water and rail to the state.  While most workers would be transferred over to the public sector, directors and executives would have to reapply for their jobs, which will be advertised with a salary no more than 20 times that of the lowest-paid worker in the company.

Control of the water industry – New ‘Regional Water Authorities’ will be run by local councils.

A Labour Government will completely eliminate carbon emissions by 2030 and create 410,000 new green energy jobs in the process which will be funded by a £250bn “national transformation fund”.

Other policies will include banning ATM charges in a bid to get more people spending on the high street.  A register of landlords who are sitting on empty shops will be set up and an annual revaluation of business rates alongside a “fundamental review” of the levies.  Also free public Wi-Fi access in town centres.

Double council tax on holiday homes to provide extra cash for homelessness services.  A promise to give cities the power to bring in rent controls, and a pledge to axe Section 21 of the Housing Act, which currently lets landlords take possession of their properties from tenants without a reason.  £20m to be made available to help get new German-style “renters’ unions” started.

A new £5m ‘Young Cancer Patient Travel Fund’ to cover the costs of getting to treatment centres.

Victims of domestic violence would get a legal right to take up to ten days of paid leave, in a move the party says will help women leave abusive partners and access support services.

Shadow Education Secretary Angela Rayner vowed to end “forced conversion” of struggling schools to academies and also ruled out allowing any new ‘free schools’ to be set up under a Labour government.

Childcare – 30 hours a week of free childcare to the parents of all two, three and four year olds – without means-testing.  Jeremy Corbyn also promised to provide extra, state-subsidised care above the 30-hour threshold, with parents on low incomes getting the additional hours for free and the richest paying “no more than £4 per hour” for a top-up.

Labour has been edging toward advocating the abolition of universal credit and at conference John McDonnell said that a fresh review would take place and was likely to conclude that replacement, not reform was the only answer.  He has since (07/10/2018) called for universal credit to be scrapped and accused Theresa May of falsely declaring an end to austerity amid reports that millions of families could lose up £200 a month when the new benefit is rolled out nationally.