Friday, 28 November 2014


In the Autumn Statement next week, the Tory-led Government must acknowledge that things aren’t exactly going to plan.

Back in 2010, George Osborne wanted his final Autumn Statement before the general election to be set against a backdrop of rising living standards, a deficit eliminated and the Tory reputation on the National Health Service rescued.

On all three counts it is now clear he has failed.

With ordinary people £1,600 worse off since 2010, we need a Labour plan to build a recovery for the many not just a privileged few- and that doesn’t include a £3 billion tax cut for millionaires while working families are losing tax credits. Labour's economic plan will make Britain better off, create more good jobs and so we can earn our way to higher living standards for all, not just a few.

The NHS will be safe in our hands. We will raise £2.5bn for an NHS Time to Care Fund as part of our plan to save and transform the NHS – investment the Tories will not match. The first commitment from the Time to Care Fund will include an additional 20,000 nurses and 8,000 GPs by 2020 from current levels. The £2.5bn for the NHS Time to Care Fund will be raised not from everyday working people but by ensuring that hedge funds and other tax avoiders play by the rules, and asking those at the top to pay more. As part of the package, Labour is confirming that we will introduce a tax on high value properties over £2 million.

Next week, I hope Government has the decency to admit their failure, hold their hands up and recognise things haven’t gone to plan.

We need a recovery for the many, balancing the books in a fairer way and a plan to save our NHS. It will take a Labour Government to put things right and make the change this country needs.