UK ELECTION 2024: WHAT UK POLITICAL BATTLES MEAN FOR YOUR FINANCES

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By: Mansoor Ali ( Admin)

Economic Growth Plans

The Conservative Party promises a £10 billion boost to the economy through infrastructure investments.

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Labour's Tax Proposal

Labour proposes a new tax on the wealthiest 1%, expected to raise £15 billion annually.

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Liberal Democrats' Education Fund

A £5 billion pledge to enhance education and training programs.

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Green Party's Climate Investment

£20 billion investment in green energy projects to create jobs and reduce emissions.

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National Debt Concerns

Ongoing debate on how to manage the £2 trillion national debt amid election promises.

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Health Sector Funding

All parties agree on a £12 billion increase in NHS funding to tackle post-pandemic recovery.

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Brexit's Economic Impact

Discussions continue on mitigating the financial fallout of Brexit, with estimated costs reaching £200 billion

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Business Tax Cuts

Conservatives aim to reduce business taxes by £6 billion to stimulate economic growth.

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Public Sector Pay

Labour commits to a £4 billion pay rise for public sector workers to combat inflation.

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Housing Market Reforms

£8 billion plan by the Liberal Democrats to build affordable housing and stabilize the market

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