Tax cuts and cost of living help proposed by Labour-linked groups allied to Streeting and Burnham
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Tax cuts and cost of living help proposed by Labour-linked groups allied to Streeting and Burnham
"The Growth Group, allied to Streeting, and the Tribune group of Labour MPs, allied to Burnham, have published competing visions for how Britain should run, including sweeping tax cuts, help with the cost of living and big reforms to government machinery. With Keir Starmer under under concerted pressure to stand down, the groups are two of a number of Labour-linked organisations that have proposed radical measures as they try to influence the thinking of a future prime minister."
"In a document entitled An Honest Day, Mark McVitie, the director of the Labour Growth Group, which has connections with Streeting, called for a rise in capital gains tax to pay for a 2p cut in national insurance. The document also called for mayors in England to be given greater powers over tax and spending, for the creation of a new Department of the Prime Minister and for ministers to allow Thames Water to fail."
"It also made the case for refocusing British energy policy away from how much clean power it can generate to how expensive that clean power is a potentially significant move away from Ed Miliband's climate-focused energy agenda. Clean power is not the problem, the document said. The problem is a system that can build clean generation while failing to get enough of it to households and productive firms at a price they can afford."
"One minister called the report a really radical programme that backs working people, cuts the cost of essentials, and takes on the interests profiting from Britain not working. The report was co-written by Chris Curtis, the MP who chairs the group and one of dozens of MPs to have called for the prime minister to resign in the last 48 hours."
Groups connected to Wes Streeting and Andy Burnham have proposed large changes to government policy, offering competing visions for how Britain should be run. The Labour Growth Group, allied to Streeting, calls for raising capital gains tax to fund a 2p cut in national insurance. It also seeks greater tax and spending powers for mayors in England, creation of a new Department of the Prime Minister, and allowing Thames Water to fail. The group argues British energy policy should focus on the cost of clean power rather than the amount generated, claiming clean power is not the problem. It frames the system as failing to deliver enough clean generation to households and firms at affordable prices.
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