Labour Will Increase Demands on U.K. Banks If It Wins Power
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Labour announced plans to step up demands on banks if it wins the next general election as the U.K. opposition party seeks to boost flagging poll ratings.
Under a Labour government, big companies including banks would be required to take on a local apprentice for every worker from outside the European Union they hired, while a levy on lenders would be increased to fund an extension of free child care, said the party’s Treasury spokesman, Ed Balls.