UK’s Rishi Sunak announces election pledges


British Prime Minister Rishi Sunak attends a Conservative party rally, after he called for a general election, in London, Britain, May 22, 2024. 

Isabel Infantes | Reuters

LONDON — British Prime Minister Rishi Sunak released his Conservative Party’s official election manifesto on Tuesday, announcing help for first-time home buyers and promising more tax cuts.

The pledges come as the Conservatives look set for a drubbing to the rival Labour party at the July 4 General Election, while Sunak has personally come under fire several times during the campaign.

Sunak apologized for leaving D-Day commemorations in France early last week and has also been accused of misleading the British electorate with a claim that Labour would raise taxes by £2,000 ($2,547) per working household.

On Tuesday, he pledged to cut another 2 pence off National Insurance — a British tax on workers’ income — and reiterated his plan to bring back national service, which would oblige 18-year-olds to complete a 12-month community program or a year-long period of military training.

He also said that the Conservatives would look to halve migration then “reduce it every single year,” also promising “Help to Buy” program for first-time property buyers amid the U.K.’s housing crisis.

Sunak and Labour leader Keir Starmer are both forefronting economic growth, the cost of living and taxes in their campaign messaging. A Labour win would mark its first parliamentary majority in 14 years. Polls have for some time been pointing toward a Labour victory in a General Election after the Conservatives’ ratings tanked following a series of scandals under former Prime Minister Boris Johnson’s tenure.

UK election result will be 'historic,' political lecturer says

-CNBC’s Jenni Reid contributed to this article.

Read the original article here

Products You May Like

Articles You May Like

36 Summer Dresses to Wear All Season Long
Station 19’s Jason George Checks Back Into Grey’s Anatomy!
Roaring Kitty has some tough choices to make on his GameStop options
Meet the Transgender Fiction Finalists for the 36th Annual Lambda Literary Awards
Todd Snyder Men’s Early Summer Sale