The Labour party has outlined a 20-point plan to fix what it describes as the “rigged economy” in the workplace. Among the more eye-catching policies are a ban on unpaid internships, a rise in the minimum wage and the introduction of a maximum pay ratio between executives and employees. While releasing the plan, Labour – which enjoyed a seven point gain on the Conservatives in opinion polling this week – accused the Government of allowing low pay and insecurity to “mushroom”. ‘Update our country for the 21st century’
The shadow Chancellor, John McDonnell, says Labour wants to “tear up the Tory status quo” (Picture: Getty Images)
Outlining the plans, shadow Chancellor John McDonnell said the 20 points will form the “cornerstone” of Labour’s employment policy. “The scandal of six million people earning less than the living wage, and four million children growing up in poverty are not inevitable. It only takes a change of government to bring these outrages to an end,” Mr McDonnell said. “The measures we are planning will make that possible, update our country for the 21st century and prepare us for the economic challenges ahead.” Labour says it will invest in the “jobs and industries of the future” while improving employment standards “across the board”.
Labour’s plan – in full