Ed Miliband has given a commitment that a future Labour
government will abolish the "bedroom tax”.
The pledge marks the start of the unveiling of a range of policies
designed to ease the living standards crisis, including proposals to strengthen
the minimum wage in specific sectors over time as the economy improves. Miliband describes the bedroom tax as "a
symbol of an out-of-touch, uncaring government standing up for the interests of
the privileged few, and never for you". The bedroom tax pledge will cost
as much as £470m, but Labour said the costs can be met by closing tax loopholes
in the construction industry, abandoning the government's shares-for-rights
scheme and reversing George Osborne's £150m tax cut for hedge funds announced
in the budget in 2013. Read more on the Guardian website.
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