Learning to live with a labour of love
Article Abstract:
The UK Labor Party has announced a number of policies, but there is a lack of detail as to what they would entail if the party were elected. Water and electric utilities would be regulated more strictly, there would be more control of takeovers and other aspects of management, and a minimum wage would be introduced. The impact will depend on the level of the wage, but it could affect service industries such as nursing homes and hotels. The Labor Party also aims to boost investment by business and foster new technology.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Labour's economic policies: hard times
Article Abstract:
The UK Labor party could win an election in 1997, and is likely to have to tackle a rise in inflation and a major budget deficit, according to UBS' Bill Martin. The party may seek to raise interest rates, and may not make changes to fiscal policy. Reductions in current spending are difficult to achieve, the party aims to promote investment, and aims to avoid being identified with higher taxes. Tight money and loose fiscal policy could boost the value of pound sterling, affecting UK exports.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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What Labour stands for
Article Abstract:
The UK Labor Party aims to encourage long-term investment through a number of measures such as such as setting up a business bank and control of hostile takeovers. Tax credits on dividends may be reduced. A windfall tax may be imposed on the profits of utilities. There are no plans to change the tax treatment of private pensions. An ombudsman will be created for the banking industry, and the Labor Party appears to be in favor of savings schemes such as Tessas and Peps.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
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