The UK's Labour Party launched its election manifesto in Manchester on Thursday, with leader of the opposition Sir Keir Starmer claiming that while there was no "magic wand," his party had created a "credible long-term plan."
The manifesto contains the party's six "first steps for change," pledging "tough spending rules" for economic stability, a reduction in NHS waiting times, a new Border Security Command, the creation of Great British Energy, more neighborhood police, and 6.5K more school teachers.
Labour's manifesto offers the foundations for the change the UK so desperately needs. Those who call for more ambitious policies do not understand the extent of the mismanagement the Tories have presided over for the last 14 years. Only once Starmer and Labour have secured stability and security for the UK may the party and the country alike begin to broaden their expectations.
Despite saturating their manifesto with the word "growth," Labour's policy pledges lack detail and will fail to convince the markets that they are a party of economic competence. Starmer's document is but a veil for unannounced tax hikes, and the British public would be a fool to trust anyone who argues that Labour's manifesto is anything more than a scam.