London Daily

Focus on the big picture.
Saturday, Feb 21, 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 Confirms Preferential U.S. Trading Terms Will Continue After Supreme Court Tariff Ruling
U.S. and U.K. to Hold Talks on Diego Garcia as Iran Objects to Potential Military Use
UK Officials Weigh Possible Changes to Prince Andrew’s Position in Line of Succession Amid Ongoing Scrutiny
British Police Probe Epstein’s UK Airport Links and Expand High-Profile Inquiries
The Impact of U.S. Sanctions on Cuba's Humanitarian Crisis: A Tightening Noose
Trump Directs Government to Release UFO and Alien Information
Trump Signs Global 10% Tariffs on Imports
United Kingdom Denies U.S. Access to Military Base for Potential Iran Strike
British Co-founder of ASOS falls to his death from Pattaya apartment
Early 2026 Data Suggests Tentative Recovery for UK Businesses and Households
UK Introduces Digital-First Passport Rules for Dual Citizens in Border Control Overhaul
Unable to Access Live Financial Data for January UK Surplus Report
UK Government Considers Law to Remove Prince Andrew from Royal Line of Succession
UK ‘Working Closely with US’ to Assess Impact of Supreme Court Tariff Ruling
Trump Criticises UK Decision to Restrict Use of Bases in Potential Iran Strike Scenario
UK Foreign Secretary and U.S. State Chief Hold Strategic Talks as Tensions Rise Over Joint Air Base
Two teens arrested in France for alleged terror plot.
Nordic Fracture: How Criminal Scandals and Toxic Ties are Dismantling the Norwegian Crown
US Supreme Court Voids Trump’s Emergency Tariff Plan, Reshaping Trade Power and Fiscal Risk
King Charles III Opens London Fashion Week as Royal Family Faces Fresh Scrutiny
Trump’s Evolving Stance on UK Chagos Islands Deal Draws Renewed Scrutiny
House Democrat Says Former UK Ambassador Unable to Testify in Congressional Epstein Inquiry
No Record of Prince Andrew Arrest in UK as Claims Circulate Online
UK Has Not Granted US Approval to Launch Iran Strikes from RAF Bases, Government Confirms
AI Pricing Pressure Mounts as Chinese Models Undercut US Rivals and Margin Risks Grow
Global Counsel, Advisory Firm Co-Founded by Lord Mandelson, Enters Administration After Client Exodus
London High Court dispute over Ricardo Salinas’s $400mn Elektra share-backed bitcoin loan
UK Intensifies Efforts to Secure Saudi Investment in Next-Generation Fighter Jet Programme
Former Student Files Civil Claim Against UK Authorities After Rape Charges Against Peers Are Dropped
Archer Aviation Chooses Bristol for New UK Engineering Hub to Drive Electric Air Taxi Expansion
UK Sees Surge in Medical Device Testing as Government Pushes Global Competitiveness
UK Competition Watchdog Flags Concerns Over Proposed Getty Images–Shutterstock Merger
Trump Reasserts Opposition to UK Chagos Islands Proposal, Urges Stronger Strategic Alignment
Greek Prime Minister Kyriakos Mitsotakis advocates for a ban on minors using social media.
Liberal Senator Michaelia Cash Accuses Prime Minister of Lying to Australians
Meanwhile in Time Square, NYC One of the most famous landmarks
Jensen Huang just told the story of how Elon Musk became NVIDIA’s very first customer for their powerful AI supercomputer
A Lunar New Year event in Taiwan briefly came to a halt after a temple official standing beside President Lai Ching‑te suddenly vomited, splashing Lai’s clothing
Jillian Michaels reveals Bill Gates’ $55 million investment in mRNA vaccines turned into over $1 billion.
Ex-Prince Andrew Mountbatten-Windsor's arrested
Former British Prince Andrew Arrested on Suspicion of Misconduct in Public Office
Four Chagos Islanders Establish Permanent Settlement on Atoll
Unitree Robotics founder Wang Xingxing showcases future robot deployment during Spring Festival Gala.
UK Inflation Slows Sharply in January, Strengthening Case for Bank of England Rate Cut
Hide the truth, fake the facts, pretend the opposite, Britain is as usual
France President Macron says Free Speech is Bull Sh!t
Viktor Orbán getting massive praise for keeping Hungary safe, rich and migrant-free!
UK Inflation Falls to Ten-Month Low, Markets Anticipate Interest Rate Cut
UK House Prices Climb 2.4% in December as Market Shows Signs of Stabilisation
BAE Systems Predicts Sustained Expansion as Defence Orders Reach Record High
×