London Daily

Focus on the big picture.
Wednesday, Sep 16, 2026

Labour unveils 'radical' plan to remake Britain

Labour unveils 'radical' plan to remake Britain

Labour leader Jeremy Corbyn unveiled his party’s election manifesto on Thursday, setting out radical plans to transform Britain with public sector pay rises, higher taxes on companies and a sweeping nationalisation of infrastructure.

Voters face a stark choice at the country’s Dec. 12 election: opposition leader Corbyn’s socialist vision, including widespread nationalisation and free public services, or Prime Minister Boris Johnson’s drive to deliver Brexit within months and build a “dynamic market economy”.

Speaking in Birmingham, Corbyn set out his crowd-pleasing plans, offering something for almost everyone in Britain - from help to parents with young children to free university education and more money for elderly care.

In a speech punctuated by applause and standing ovations from supporters, he promised to stand up for ordinary people against the “bankers, billionaires and the establishment” who were fighting to keep a system “rigged in their favour”.

“Labour’s manifesto is a manifesto for hope, that is what this document is - a manifesto that will bring real change,” Corbyn said, describing his approach as the most “radical and ambitious plan” in decades.

Lagging in the polls, Corbyn hopes his message of change will drown out criticism of his Brexit stance, which even some in his party say lacks the clarity of Johnson’s vow to “get Brexit done”.

Instead, the Labour leader says he will get Brexit “sorted” in six months, with a new exit deal put to a second referendum as a way to bring the country together.

Hoping to avoid comparisons with Labour’s 1983 socialist-inspired manifesto described later by a then Labour lawmaker as “the longest suicide note in history”, Corbyn rejected suggestions he was harping back to the 1970s.

He was instead offering “a green industrial revolution”, an ambitious plan that, he said, could be paid for in part by taxing the richest in Britain.

The manifesto showed an extra 82.9 billion pounds of spending, matched by 82.9 billion pounds of revenue-raising measures.

“It’s impossible to understate just how extraordinary this manifesto is in terms of the sheer scale of money being spent and raised through taxation,” said Paul Johnson, Director of the Institute for Fiscal Studies independent think-tank.

He said Labour plans to raise the revenue required from taxes on high earners and corporations were “simply not credible”.


SPEND, SPEND, SPEND

Both parties have promised to end economic austerity and spend more money on public services before the election, which will determine how, when and even whether Britain leaves the European Union.

Brandon Lewis, a Conservative minister, said Labour would go on “a reckless spending spree which would take a sledgehammer to the British economy”.

Most pollsters put the Conservatives in front, but few are prepared to predict a victor.

Labour could be in a position to form a minority government if Johnson’s Conservatives fall short of outright majority and rivals are prepared to support Corbyn as prime minister.

But to implement its manifesto in full the party would need an even bigger turnaround in the election race to claim a majority of its own. One polling expert described the chances of this as “close to zero” on current evidence.

Held after three years of negotiations to leave the EU, the December election will show how far Brexit has torn traditional political allegiances apart and test an electorate increasingly tired of voting.

Labour has put at the forefront of its campaign its attack on “vested interests”, taking aim at Johnson, who was educated at England’s elite Eton public school, has considerable personal wealth and whose party has rich backers.

Among the proposals, Labour said it would bring in a windfall tax on oil companies, de-list companies that do not contribute to tackling climate change and increase public sector pay by 5%.

The manifesto also promised to reverse privatisations begun by former Conservative Prime Minister Margaret Thatcher in the 1980s, by nationalising rail, mail, water, and BT’s broadband network to provide free internet for all.

Those pledges have been mocked by the Conservatives, with Johnson calling plans to nationalise broadband as a “crazed Communist scheme”.

While business groups welcomed investment in infrastructure, they warned many of Labour’s policies risked damaging business and the economy.

“Command and control isn’t the way,” British Chambers of Commerce Director-General Adam Marshall said.


But Corbyn is defiant.

“If the bankers, billionaires and the establishment thought we represented politics as usual, that we could be bought off, that nothing was really going to change - they wouldn’t attack us so ferociously,” he said. “But they know we mean what we say.”

Newsletter

Related Articles

0:00
0:00
Close
UK Health Unions Warn of Staffing Pressures as Public and Private Pay Growth Diverges
Rockstar Games Faces Tribunal Claims From 23 Former Grand Theft Auto VI Developers
UK Treasury Faces Tighter Budget Constraints as Borrowing Costs and Pension Spending Rise
Prime Minister Andy Burnham Sets Out Ten-Year Plan for Greater Public Oversight of Utilities
UK Economy Grows 0.4% in July as Services and Technology Activity Strengthen
Scotland, Wales and Northern Ireland Leaders Coordinate Push for UK Constitutional Change
Police Tighten Public-Order Measures After Anti-Immigration Protests in Dover and Portsmouth
UK Ministers Pressed for Answers After US Diplomat Accused of Child Abuse Images Leaves Britain
Jaguar Land Rover Pursues NATO Defense Contracts for Defender Vehicles
British Service Member Dies in Road Accident While Deployed in Ukraine
George Osborne Calls for Britain to Rejoin EU Customs Union
Anthropic Chief Dario Amodei Urges Faster UK Action on Advanced AI Risks
UK State Pension Set for 3.9% Rise Under Triple Lock
UK Labour Market Cools as Payrolled Employment Continues to Decline
Reform UK’s £72 Million in Donations Faces Scrutiny Under Proposed Retrospective Funding Rules
UK Doctors Warn Expanded Pharmacy First Scheme Could Put Patients at Risk
British Airlines Cut Short-Haul Capacity as Jet Fuel Costs Rise
UK News Publishers Forecast 40% Search Traffic Drop as AI Overviews Expand
Axel Springer Wins Approval for £575 Million Daily Telegraph Acquisition
London Mayor Sadiq Khan Opposes Heathrow Third Runway Over Climate Targets
Scotland, Wales and Northern Ireland Leaders Hold Summit Seeking Greater Autonomy
UK Energy Price Cap Set to Rise to £1,723 in October
UK Treasury Warns Middle East Conflict Is Threatening Economic Growth
Labour Moves to Retrospectively Cap Overseas Political Donations After Reform UK Funding Surge
HMRC Warns Nearly Seven Million Adults Are Unclear About State Pension Entitlements
UK Parliament Passes Sovereign Grant Reform Before Conference Recess
British Rail Passengers Gain Automatic Right to Switch Operators During Disruptions
Burnham Hosts Downing Street Business Summit as UK Fiscal Pressure Builds
Labour Government Moves to Challenge £72 Million in Reform UK Crypto Donations
UK Advertising Industry Warns Wider Junk Food Rules Could Put £1 Billion in Media Spending at Risk
Cornwall Opens Devolution Talks With UK Government Over Transport and Local Services
UK Parliament Considers Sovereign Grant Reform Setting Royal Funding at £99.9 Million
Trades Union Congress Calls for Income-Based Energy Tariff Funded by Higher Bank Levy
UK Prime Minister Rejects Second Scottish Independence Referendum
House of Lords Begins Scrutiny of Bill to Lower UK Voting Age to 16
Anthropic Says Claude Was Exploited in Weapons-Related and State-Linked Cyber Activity
Institute of Directors Urges UK Government to Avoid Business Tax Increases in Autumn Budget
Rising Gilt Yields Cut UK Fiscal Headroom to About £13 Billion Ahead of Budget
UK Economy Grows 0.4% in July as Services and Technology Activity Strengthen
UK Government Promises Clearer Student Loan Guidance After Repayment Backlash
Charities Warn Unpaid Carers May Die Before Receiving Government Compensation
Dover Unrest Prompts Review of UK Counter-Extremism Strategy
Celtic Summit Leaders Reassert Right to Pursue Independence From UK
NHS Records Busiest Summer on Record Amid Severe Heatwaves
Harrods Faces Potential £150 Million Compensation Bill Over Al Fayed Abuse Claims
UK Parliament Opens Debate on Landmark Assisted Dying Legislation
Metropolitan Police Investigate Reform UK Over Alleged Foreign Electoral Donations
UK Economy Expands 0.4% in July as AI Investment Boosts Activity
Bank of England Signals Caution on Rates as Inflation Pressures Persist
Tesco Alerts Police After Scammers Use Its Branding in AI-Generated Fraud
×