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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

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