Labour Manifesto 2017
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CREATING AN<br />
ECONOMY THAT<br />
WORKS FOR ALL<br />
<strong>Labour</strong>’s economic strategy is<br />
about delivering a fairer, more<br />
prosperous society for the many,<br />
not just the few.<br />
We will measure our economic<br />
success not by the number of<br />
billionaires, but by the ability of our<br />
people to live richer lives.<br />
<strong>Labour</strong> understands that the creation<br />
of wealth is a collective endeavour<br />
between workers, entrepreneurs,<br />
investors and government. Each<br />
contributes and each must share<br />
fairly in the rewards.<br />
This manifesto sets out <strong>Labour</strong>’s plan<br />
to upgrade our economy and rewrite<br />
the rules of a rigged system, so that<br />
our economy really works for the<br />
many, and not only the few. Britain is<br />
the only major developed economy<br />
where earnings have fallen even<br />
as growth has returned after the<br />
financial crisis. ost working people<br />
in Britain today are earning less, after<br />
ination, than they did ten years ago.<br />
Too many of us are in low-paid and<br />
insecure work. Too many of us fear<br />
our children will not enjoy the same<br />
opportunities that we have.<br />
<strong>Labour</strong> will turn this around.<br />
We will upgrade our economy,<br />
breaking down the barriers that hold<br />
too many of us back, and tackling<br />
the gender pay gap. Our National<br />
Transformation Fund will deliver<br />
the investment that every part of<br />
Britain needs to meet its potential,<br />
overcoming years of neglect. Our<br />
industrial strategy will support<br />
businesses to create new, highskilled,<br />
high-paid and secure work<br />
across the country, in the sectors<br />
of the future such as renewables.<br />
e will stop our financial system<br />
being rigged for the few, turning the<br />
power of finance to work for the<br />
public good. And we will put small<br />
businesses at the centre of our<br />
economic strategy.<br />
The growth created by our national<br />
investment plan, underpinned by the<br />
responsible economic management<br />
embodied in our Fiscal Credibility<br />
Rule, will create good jobs, drive up<br />
living standards and improve the<br />
public finances.<br />
It is a plan that will deliver <strong>Labour</strong>’s<br />
vision of an economy that works for<br />
the many, not just the few – a Britain<br />
in which no one is held back.<br />
8 FOR THE MANY NOT THE FEW