| Money and cost of living | Source: Public record In government, Labour's Budget 2025 removed the two-child limit in Universal Credit in full from April 2026. The historic decision to remove the two-child limit in full from April 2026 will lift 450,000 children out of poverty - the biggest reduction at any Budget this century.The historic decision to remove the two-child limit in full from April 2026 will lift 450,000 children out of poverty - the biggest reduction at any Budget this century. HM Treasury (UK Government), 2025-11-26 · Strong foundations, secure future: a Budget that delivers on the country's priorities (Budget 2025 press release) Source: Public record In government, Labour's Budget 2025 froze personal tax thresholds from 2028 to 2031. Asking everyone to contribute, the current personal tax thresholds will be frozen from 2028 to 2031, but those with broader shoulders will contribute more through fair reforms previously ducked for too long.Asking everyone to contribute, the current personal tax thresholds will be frozen from 2028 to 2031, but those with broader shoulders will contribute more through fair reforms previously ducked for too long. HM Treasury (UK Government), 2025-11-26 · Strong foundations, secure future: a Budget that delivers on the country's priorities (Budget 2025 press release)
| Source: Manifesto The Official Monster Raving Loony Party pledged to remove VAT on green paint. We will remove VAT on Green paint as it adds no valueWe will remove VAT on Green paint as it adds no value The Official Monster Raving Loony Party (party site), 2026-09-09 · Holborn & St Pancras (Vote Barmy Brunch manicfesto) Source: Manifesto The Official Monster Raving Loony Party pledged a Summer Ice Lolly Allowance for pensioners when temperatures exceed 70 degrees. O. OAPS will qualify for a Summer Ice Lolly Allowance if temperatures exceed 70 degrees.O. OAPS will qualify for a Summer Ice Lolly Allowance if temperatures exceed 70 degrees. The Official Monster Raving Loony Party (party site) · Policies A-Z (The A-Z of the OMRLP Manicfesto)
| Source: Own words Says the constituency needs an MP focused on cutting the cost of living. We need a Member of Parliament focused on safer streets, more family homes and cutting the cost of living.We need a Member of Parliament focused on safer streets, more family homes and cutting the cost of living. Ewan Cameron (candidate), via Democracy Club · Statement to voters: Ewan Cameron Source: Manifesto The Conservative Party's current plan says it would abolish VAT on household energy bills for three years. Abolish VAT on household energy bills for 3 yearsAbolish VAT on household energy bills for 3 years Conservative Party · Our Plan for Britain Source: Manifesto The Conservative Party's current plan says it would introduce a First Job Bonus, a £5,000 tax cut for young people entering work for the first time, paid into a savings account. Introducing a First Job Bonus a £5,000 tax cut for young people entering work for the first time, paid into a savings accountIntroducing a First Job Bonus a £5,000 tax cut for young people entering work for the first time, paid into a savings account Conservative Party · Our Plan for Britain
| — | Source: Manifesto The Climate Party says its programme is about rebuilding key infrastructure, regaining energy independence, reducing the cost of living and creating new jobs, without giving figures. But this is about doing what's right for us: rebuilding our key infrastructure, regaining our energy independence, reducing the cost of living, and rejuvenating our communities through new jobs and opportunities.But this is about doing what's right for us: rebuilding our key infrastructure, regaining our energy independence, reducing the cost of living, and rejuvenating our communities through new jobs and opportunities. Climate Party (party site) · FAQs
| Source: Own words Says the political focus should be centred on wages, energy and public services, among other issues. We believe the political focus should be centred on wages, housing, energy, peace, public services and national renewal.We believe the political focus should be centred on wages, housing, energy, peace, public services and national renewal. George Galloway (candidate), via Democracy Club · Statement to voters: George Galloway Source: Manifesto Workers Party of Britain pledged a one-off 5% wealth tax on all estates valued at over £10 million. We will introduce fair and comprehensive tax reform including our commitment to a one off 5% wealth tax on all estates valued fairly at over £10 million.We will introduce fair and comprehensive tax reform including our commitment to a one off 5% wealth tax on all estates valued fairly at over £10 million. Workers Party of Britain (party site) · Britain Deserves Better – The Workers Party Manifesto
| Source: Manifesto Restore Britain states it would freeze working-age benefits, as part of a plan to claw back £178 billion of what it describes as excess spending accumulated since 2019. The party's answer is to claw back £178 billion of the £300 billion in excess spending accumulated since 2019, roughly £35 billion a year, through a freeze on working-age benefits and QUANGO budgets, reform of the pensions triple lock, and the end of Net Zero-related public expenditure.The party's answer is to claw back £178 billion of the £300 billion in excess spending accumulated since 2019, roughly £35 billion a year, through a freeze on working-age benefits and QUANGO budgets, reform of the pensions triple lock, and the end of Net Zero-related public expenditure. Restore Britain (party site), 2026-08-03 · The Wealth of Our Nation Source: Manifesto Restore Britain pledged to abolish inheritance tax. A Restore Britain government would abolish IHT.A Restore Britain government would abolish IHT. Restore Britain (party site), 2026-02-13 · Reward the Nation's Grafters, Protect the Nation's Vulnerable (Our Objectives)
| Source: Manifesto Rejoin EU pledged to re-join the EU single market and customs union and eventually join the euro when it says economic circumstances make it advantageous. Our economic and employment policies focus on re-joining the EU single market and customs union to boost the economy and funding for the NHS and other public services, helping small businesses and consumers by cutting Brexit red tape and trade barriers, and eventually joining the euro when economic circumstances permit it and make it advantageous.Our economic and employment policies focus on re-joining the EU single market and customs union to boost the economy and funding for the NHS and other public services, helping small businesses and consumers by cutting Brexit red tape and trade barriers, and eventually joining the euro when economic circumstances permit it and make it advantageous. Rejoin EU Party (party site) · Manifesto 2024 – The Rejoin EU Party Source: Manifesto Rejoin EU says EU membership would restore EU consumer protections such as the ban on mobile-phone roaming charges and is likely to remove Brexit-related taxes and costs on items sent between the EU and UK. In consumer affairs, EU membership would allow consumers to benefit once again from European legislation protecting consumer rights and providing benefits such as the EU’s ban on mobile-phone roaming charges. It’s also likely to remove Brexit-related taxes and extra costs on items sent between the EU and the UK.In consumer affairs, EU membership would allow consumers to benefit once again from European legislation protecting consumer rights and providing benefits such as the EU’s ban on mobile-phone roaming charges. It’s also likely to remove Brexit-related taxes and extra costs on items sent between the EU and the UK. Rejoin EU Party (party site) · Manifesto 2024 – The Rejoin EU Party
| Source: Third party Reform UK's Treasury spokesman told the party's September 2026 conference he would raise the income-tax personal allowance to £15,000 within the first 100 days of taking office. The party’s Treasury spokesman told the final day of the Reform conference in Birmingham that he would increase the tax-free personal allowance to £15,000 within the first 100 days of taking office.The party’s Treasury spokesman told the final day of the Reform conference in Birmingham that he would increase the tax-free personal allowance to £15,000 within the first 100 days of taking office. Press Association via Express & Star, 2026-09-05 · Robert Jenrick conference speech, Birmingham, 5 September 2026 (PA report) Source: Manifesto Reform UK says it would present a Budget within its first 100 days in office raising the tax-free personal allowance to £15,000, effective from the start of the next tax year. In the First 100 days of a Reform UK Government, we will release a Budget that increases the tax-free personal allowance to £15,000. That will take effect at the beginning of the next tax year, and it will repair much of the damage done by successive chancellors’ neglect. It will deliver £486 in tax relief to most taxpayers and take 2.9 million taxpayers out of income tax altogether.In the First 100 days of a Reform UK Government, we will release a Budget that increases the tax-free personal allowance to £15,000. That will take effect at the beginning of the next tax year, and it will repair much of the damage done by successive chancellors’ neglect. It will deliver £486 in tax relief to most taxpayers and take 2.9 million taxpayers out of income tax altogether. Reform UK (party site) · Our Policies (Reform UK policy page) Source: Manifesto Reform UK says it would introduce a "Hard Work Bonus" under which employees earning under £75,000 would pay no tax on overtime worked above a 40-hour week. We will also introduce a Hard Work Bonus, meaning employees earning under £75,000 would pay no tax on overtime worked above a 40-hour week.We will also introduce a Hard Work Bonus, meaning employees earning under £75,000 would pay no tax on overtime worked above a 40-hour week. Reform UK (party site) · Our Policies (Reform UK policy page) - 1 more
| Source: Manifesto UK Voice pledged public ownership of water and energy supply. Public ownership of water and energy supplyPublic ownership of water and energy supply UK Voice (party site) · National Policies - The Economy Source: Manifesto UK Voice says it would raise taxes on large multinationals rather than small businesses, without giving rates. Higher taxes on large multinationals, not small businessesHigher taxes on large multinationals, not small businesses UK Voice (party site) · National Policies - The Economy
| Source: Own words Says he will campaign to put pressure on the government to lower bills and to reduce wealth inequality. to put as much pressure as we can on Labour to lower bills, for much more affordable housing and rent controls, to reduce massive wealth inequality and to make sure Labour don’t back down on climate action by allowing more North Sea drilling.to put as much pressure as we can on Labour to lower bills, for much more affordable housing and rent controls, to reduce massive wealth inequality and to make sure Labour don’t back down on climate action by allowing more North Sea drilling. Zack Polanski (candidate), via Democracy Club · Statement to voters: Zack Polanski Source: Manifesto The Green Party's 2024 manifesto pledged a wealth tax of 1% a year on assets above £10 million and 2% above £1 billion. A Wealth Tax of 1% annually on assets above £10 million and of 2% on assets above £1bn.A Wealth Tax of 1% annually on assets above £10 million and of 2% on assets above £1bn. Green Party of England and Wales, 2024-06-12 · Green Party Manifesto 2024: Creating a Fairer, Greener Economy Source: Manifesto The Green Party's 2024 manifesto pledged to remove the Upper Earnings Limit on National Insurance, so higher earners pay the main rate on all earnings. Removing the Upper Earnings Limit that restricts the amount of National Insurance paid by high earners.Removing the Upper Earnings Limit that restricts the amount of National Insurance paid by high earners. Green Party of England and Wales, 2024-06-12 · Green Party Manifesto 2024: Creating a Fairer, Greener Economy - 1 more
| — | Source: Own words Says her party would raise £40.5bn through a 5% turnover tax on multinationals, offset against Corporation Tax. We would raise £40.5bn on a 5% turnover tax on multinationals Amazon, Microsoft, Facebook, Starbucks, Shell etc, who send all their profits abroad to avoid paying Corporation Tax (it would be offset against Corporation Tax - so British companies would pay less).We would raise £40.5bn on a 5% turnover tax on multinationals Amazon, Microsoft, Facebook, Starbucks, Shell etc, who send all their profits abroad to avoid paying Corporation Tax (it would be offset against Corporation Tax - so British companies would pay less). Helen Spiby-Vann (candidate), via Democracy Club · Statement to voters: Helen Spiby-Vann Source: Own words Says her party would lower taxes and fund its policies by recovering taxes from multinationals. We are the only party to lower taxes and recover taxes from multinationals to fund our policies.We are the only party to lower taxes and recover taxes from multinationals to fund our policies. Helen Spiby-Vann (candidate), via Democracy Club · Statement to voters: Helen Spiby-Vann
| Source: Manifesto The Liberal Democrats say they would raise the tax-free personal allowance and the national insurance threshold to £15,000, which they state would take 2.5 million people out of income tax and give most people a £680 tax cut. We'll do it again now, taking 2.5 million people out of paying income tax and giving most people a £680 tax cut, by raising the tax-free personal allowance (and the national insurance threshold) to £15,000.We'll do it again now, taking 2.5 million people out of paying income tax and giving most people a £680 tax cut, by raising the tax-free personal allowance (and the national insurance threshold) to £15,000. Liberal Democrats (party site), 2026-09-22 · Cutting income tax to tackle the cost-of-living crisis Source: Manifesto The Liberal Democrats say they would raise the threshold at which the higher 40p income tax rate starts, which they state would take more than 750,000 people out of paying it. We’ll also raise the point at which the higher 40p rate of tax kicks in, taking more than 750,000 people out of paying it. Millions of ordinary people – including nurses and teachers – should not be paying a rate designed for stockbrokers and merchant bankers.We’ll also raise the point at which the higher 40p rate of tax kicks in, taking more than 750,000 people out of paying it. Millions of ordinary people – including nurses and teachers – should not be paying a rate designed for stockbrokers and merchant bankers. Liberal Democrats (party site), 2026-09-22 · Cutting income tax to tackle the cost-of-living crisis Source: Manifesto The Liberal Democrats' 2024 manifesto pledged not to increase income tax, National Insurance or VAT. We will not increase the main taxes on working people: income tax, national insurance or VAT.We will not increase the main taxes on working people: income tax, national insurance or VAT. Camden Liberal Democrats (party site), 2024-06-10 · Lib Dems Launch Manifesto for a Fair Deal (Camden Liberal Democrats) - 2 more
| Source: Manifesto UKIP pledged to abolish inheritance tax. To that end we would abolish inheritance tax.To that end we would abolish inheritance tax. UK Independence Party (party site) · The UKIP Living Manifesto 2025 Source: Manifesto UKIP says out-of-work benefit support should be capped at no more than two years in any five-year period and five years in fifteen. We take the view that not more than two years’ unemployment support within a five-year period is reasonable and not more than five years support in fifteen.We take the view that not more than two years’ unemployment support within a five-year period is reasonable and not more than five years support in fifteen. UK Independence Party (party site) · The UKIP Living Manifesto 2025
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