Aspects to be covered: the living wage, basic income, effective education including Sure Start children’s centres and a ‘manufacturing renaissance’.
Labour would introduce a “real living wage” of at least £10 an hour if in power, shadow chancellor John McDonnell told the Labour Party’s 2016 conference. The BBC reported that he said that under a Labour government “everyone will earn enough to live on”. A new National Living Wage, which came into force in April, requires employers to pay workers over 25 at least £7.20 an hour, rising to £9 by 2020. BBC economics editor Kamal Ahmed said that under Mr McDonnell’s plans, a £10-plus an hour minimum wage would raise an annual salary for the lowest paid full time worker to £19,250, according to manufacturers’ trade body EEF.