FACTBOX - Policy blitz seeks to revive Labour
LONDON |
LONDON (Reuters) - Prime Minister Gordon Brown has unveiled a flurry of new policies since the start of the Labour party's conference last week in an effort to avoid defeat by the Conservatives at an election next year.
Below is an outline of the main new initiatives:
PAY FREEZE
Britain will push for its toughest public sector pay deal for at least 30 years by seeking a pay freeze or minimal rise for the 750,000 best paid staff on the state payroll, the Treasury said on Monday.
FISCAL RESPONSIBILITY ACT
The government will introduce this act in the coming parliamentary session to enshrine annual deficit reductions in law. More details will come in the pre-budget report, usually held in November.
BANKERS' PAY
A new law will give the Financial Services Authority the power to limit bankers' remuneration if it is putting the economy at risk. Directors found to be negligent could be disqualified.
BUSINESS FINANCE
A review will look into whether government intervention is needed to give firms the access to finance they need in the recovery. A new National Investment Corporation is also proposed to get long-term credit to small and medium sized companies.
CAR SCRAPPAGE
The car scrappage scheme will be extended to allow another 100,000 cars and vans more than 10 years old to be exchanged for new models with a 2,000 pound discount.
PARLIAMENTARY CLEAN-UP
Constituencies will be given the power to recall their member of parliament if he or she is guilty of financial misconduct or corruption.
ELECTORAL REFORM
In its election manifesto, Labour will commit to a referendum early in the next parliament to give Britain the opportunity to change its voting system to the alternate vote method from the current first past the post system.
INTERNATIONAL AID
The government is planning legislation to oblige future administrations to raise spending on aid to poor countries to 0.7 percent of national income.
POST OFFICE
Post offices will be able to offer a full range of financial services to consumers and small companies, from current accounts to mortgages and loans.
CANCER TREATMENT
The government has identified one billion pounds of savings from the National Health Service capital budget to fund a right for all patients to get tested -- and receive the results -- for cancer within one week.
CARE FOR THE ELDERLY
Elderly people with high needs will get free care at home, funded by cuts in government advertising, marketing, consultancy and IT budgets.
SOCIAL CARE FOR TEENAGERS
By the end of 2012, all 16 and 17 year olds, including teenage parents, who need and are eligible for social housing will live in supervised accommodation.
GREEN ECONOMY
England and Wales will get four new low carbon economic areas before the Copenhagen climate talks in December.
(Reporting by Matt Falloon and Adrian Croft; Editing by Ron Askew)
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