A fairer and more equal city

Britain is one of the wealthiest nations in the world but this wealth isn’t being shared fairly.

We currently have an economic system that prioritises growth in company profits over the wellbeing of society. This has seen money concentrated in the hands of a wealthy few; leaving the rest of us to suffer at the hands of the Coalition’s austerity agenda.

We believe there is a positive alternative to this mix of one-sided growth and austerity: an economy that works for everyone.

We will:

• End austerity and restore the public sector, creating over one million good jobs that pay at least a living wage.
• Pay for this with a new wealth tax on the top 1%, a Robin Hood Tax on the banks and the closure of tax loopholes.
• Increase the minimum wage to reach a living wage of £10 an hour by 2020.