The 2019 General Election takes place on 12 December and within the past 24 hours, both the Liberal Democrats and Labour have released their party manifestos.
Triple lock The Liberal Democrats have pledged to maintain the triple lock - a policy that ensures the basic state pension will rise in line with the highest of wages, Consumer Prices Index inflation, or 2.5%. AJ Bell senior analyst Tom Selby described this as "an easy political win" from a party keen to shore up the 'grey-vote'. Labour too pledged to maintain the triple lock, as was its policy in the previous General Election. Taxation According to Labour's manifesto, those earning more than £80,000 will pay "a little more" in income tax, while those beneath the thresh...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes