How is Racheal Reeves planning to raise money?

[Chickenuggetsticks]

Exactly that really, I wouldn’t be surprised by a pensions raid. I read an article in the telegraph talking about using PFI again (which is horrifying as the article suggests the total cost of pfi is forecast to be 555% of the original loans.

I just haven’t seen much discussion and I’m wondering if anyone has seen anything concrete about Labours plans?

Use existing funds more effectively. PFI was essentially a public sector mortgage. It would be interesting to see what a domestic mortgage costs over its lifetime.

Expect it will be set out in the manifesto …..

Maybe don’t read the Telegraph. It’s bound to wind you up and is not known for its balance coverage. I’m horrified by the record of the Tories tbh. Never seen a government like it.
LP hasn’t released their manifesto yet but we do know that the tories want to give more tax breaks to pensioners, cut NIC or even scrap it, get rid of inheritance tax. My concern is how a future Tory government will fund state schools, NHS, what’s your feeling about that ?

What’s with all the misspellings on these threads btw ?
And why are most of threads on this board about Labour ?

The tax breaks on pensions are likely to feature at some point. She may also give herself some wriggle room and increase debt as a temporary measure. But whoever is the next chancellor is going to face some tough - and unpopular - choices.

These sort of "questions" are so transparent OP

The Economist puts the choice quite well; incompetence (Tory) v opacity (Labour). Currently opacity appears to be the more popular choice

@EffieeBriest probably because everyone thinks Labour are going to win so we want to know what they are going to do

Labour have said they are not going change VAT. But then they are going to put VAT on school fees.

They are probably going to do something similar with taxes.

Once they get in it'll be 'oh dear it's much^^ worse than we thought' so they'll raise tax as much as they can. Both parties gave already said that they won't change the tax bands so more and more will be dragged in higher rates if tax. So anyone earning a decent salary is stuffed. I expect at some point they'll come after higher earners.

If they don't do it in term 1 then in term 2 ( it'll be a long time before the Tories get their act together, if ever) council tax will be re calculated and we'll all be stuffed again.

I think there will be a shift over the next 10-20 years, they will not get immigration under control and we will see the start of those that can move overseas. The UK is not an attractive place to live, poor services, rising crime, lack of integration. The Labour Party are a large state party and this is not attractive to many people.

I think there will be a shift over the next 10-20 years, they will not get immigration under control and we will see the start of those that can move overseas. The UK is not an attractive place to live, poor services, rising crime, lack of integration. The Labour Party are a large state party and this is not attractive to many people

Yes I agree with this.

Interestingly most voters accept tax will go up and that Labour will do a better job on immigration; that just tells how bad the Conservatives have done for that to be the majority and Labour still have the poll lead they do.

Do they? I think that most people are very worried about immigration under Labour.

I think standards for Tory interns have slipped.

In simplistic terms , the people with money will have to give it to those that don't .

IT'S RACHEL.

Come on Tory HQ - don't disrespect your competitors like this.

There are two types of immigration for me.

Illegal and non illegal.

Illegal is hard to stop. The only way you can really stop it is to make it unattractive for people to come here. IMO Tories are far more likely to make that happen than Labour.

Illegal for me though is a bit of a mass distraction. It is small beer compared to the legal migration. The only way to lower that is to fill the jobs with people that are already here - for example non workers - and make sure we train people up for the jobs we need. IMO the Tories are far more likely to make that happen than Labour.

Immigration should be a huge issue for everyone because the number of people coming into the country is expanding rapidly. Some of it is actually necessary. But the money spent on services like education and housing, health, sewage and policing isn't. So everyones quality of life is suffering as a result of these policies.

It's also bad for other countries to have their educated professionals stolen by us because we won't train people up to do the jobs we need.

Pensions raid seems to be being mooted 😬

@Chickenuggetsticks Just in case you're drafting your next post- it's RAYNER.....

Legal migration is huge! That is something we can do with changing; it’s within our grasp. I think we would have to be more candid about what it means. It’s been an issue for 30 years and culturally even longer. There are actual choices to be made which we all avoid discussing, but if we want fewer people entering the UK then we should discuss who not and why not.

Once they are in power they will do whatever they like and there is not anything anyone can do.

Immigration will increase.

Taxes will increase (justified as helping 'hard working families') VAT on school fees is the thin end of the wedge it will be uni fees next.

Seriously! The Tories had 14 years to address both legal and illegal migration. The legal figure was over 700,000 last year. It is a very dishonest debate. Business and the state rely on migrant labour and the Conservatives have not diminished that trend but positively increased it since Brexit.

They are addressing legal immigration.

On the contrary, it's a very attractive place to live.
The net migration figures show them to be equivalent of a city the size of Liverpool arriving each year in the past couple of years, and that's not likely to decline.

By raising first? With an increase of around 450,000 over the last four years which they then are going to bring down to an approximate figure which might be the same before Brexit?

If you believe that is a successful post Brexit legal immigration policy then perhaps it explains a lot! It is total rubbish. All the stop the boats stuff is a mass distraction from the legal figures which are s direct result of Conservative policy. An actual choice made not by the EU but the Government