Labour Pledges $108 Billion Boost if it Wins U.K. Election

Plans come on top of existing commitments for infrastructure
Many doubt tax rises can fully fund spending proposals

Jeremy Corbyn during the launch of  Labour’s election manifesto in Birmingham, U.K., on Nov. 21. — Jeremy Corbyn during the launch of Labour’s election manifesto in Birmingham, U.K., on Nov. 21.
Photographer: Darren Staples/Bloomberg

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By Andrew Atkinson

November 21, 2019 at 1:04 PM UTC

Updated on

November 21, 2019 at 3:02 PM UTC

This article is for subscribers only.

U.K. opposition leader Jeremy Corbyn sought to eclipse Prime Minister Boris Johnson by unveiling plans for an extra 83 billion pounds ($108 billion) of day-to-day spending if the Labour Party wins the Dec. 12 general election.

The figures, set out in Labour’s election manifesto published on Thursday, would come on top of the additional tens of billions of pounds that the party is proposing to plow into infrastructure projects over the next five years.