Party promises record investment blitz and to scrap tuition fees and universal credit

12.45pm GMT

Labour is pledging in the manifesto to ban ATM charges, presumably to increase access to cash across the country.

But a fee ban doesn’t address the underlying issue. Most high street ATMs are run by private, third-party companies that are focused on the bottom line and profit margins rather than public access. Put simply, if they don’t make enough money, those ATMs start disappearing altogether.

12.39pm GMT

The Labour party will push ahead with plans to nationalise the energy supply arms of the Big Six energy companies. The party’s election manifesto said the Big Six - including British Gas, SSE, E.On UK, EDF Energy, Scottish Power and Npower - would continue to supply gas and electricity to millions of homes while helping customers to reduce their energy use.

The plan to nationalise the Big Six won the approval of Labour members at the party’s conference earlier this year, but many in the energy industry did not expect the pledge to be included in the manifesto.

Continue reading...
Date: 
Thursday, November 21, 2019 - 7:54am

Subscribe to Subscribe to promoted content