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Corbyn hails ‘most expensive manifesto in British history’…

“Jeremy Corbyn has presented the most expensive manifesto in British political history, with plans to expand the state to its largest size since the Second World War. The Labour leader announced plans yesterday for an £83 billion spree, with huge increases to Whitehall budgets across the board and a 5 per cent pay rise for all 5.4 million public sector workers. Labour’s “colossal” tax-and-spend plans would be funded by increases to business levies that one independent expert said would give Britain the “most punitive corporate tax system in the world”. Paul Johnson, director of the Institute for Fiscal Studies, said Labour’s claim that such spending could be funded purely by taxing businesses and the rich was “simply not credible”.” – The Times

  • Labour leader vows to take on ‘establishment’ with £83 billion splurge – Daily Telegraph
  • Activists ‘united’ as they prepare to sell plan… – The Guardian
  • …but boo Kuenssberg at launch – The Sun
  • Manifesto alarms City and business leaders – FT
  • Raid will hit investors and those with second homes – The Times
  • Proposals ‘torn apart’ by the IMF – The Sun
  • Elderly could face £100,000 bill for care homes – Daily Telegraph
  • Labour prepare to unleash 12 tax rises on workers – The Sun

>Yesterday:

…as he commits Labour to freedom of movement

“Labour last night vowed to keep free movement for EU citizens and to allow tens of thousands more immigrants from the rest of the world into Britain. Leader Jeremy Corbyn promised to tear up rules which mean new arrivals must be earning at least £18,600 if they want their families to join them. His party also said it would not put any limit on the number of people moving to Britain. The announcement is a radical departure from Labour’s 2017 manifesto pledge to end free movement. And it is set to infuriate voters in the party’s heartlands who backed Brexit because they wanted immigration cut… Home Office Minister Brandon Lewis warned it would lead to higher immigration and put yet more strain on Britain’s public services.” – The Sun

  • Attitudes towards immigration soften — but it’s still complicated – FT

More:

  • Welsh and Scottish Labour to set out stalls – FT
  • Tax on private schools could force out 100,000 pupils – The Times

>Today: Iain Dale’s column: Is Labour’s manifesto the longest suicide note yet?

Fraser Nelson: Corbyn’s proposals would hurt the many more than the few

“The idea of this money being squeezed from a small number of high earners, of course, is a fantasy. And this is where the danger lies. Perhaps because the Labour manifesto is based on an imaginary Britain – one where the rich are selfish and avoid tax – its solutions are also fantastical. The UK government is unusually reliant on the incomes of a small number of super taxpayers, so the economics of taxing them is an important art. When Labour last whacked the top 1 per cent, under the Callaghan government, they paid just 11 per cent of all income tax collected. After the Tories cut the top rate of tax, the 1 per cent ended up paying 28 per cent of all income tax. A new record and a progressive triumph. But very easily ruined.” – Daily Telegraph

  • Big plans don’t bear real scrutiny – Paul Johnson, The Times
  • The 80s ‘loony left’ would blush at this – Dominic Sandbrook, Daily Mail
  • Promised transformation is an assault on business – Robert Shrimsley, FT
  • Naked bribery could only be paid for by tax rises for all – Matthew Lynn, Daily Telegraph
  • Manifesto is more radical than in 2015 – Oliver Wright, The Times
  • Taxes cannot be something that other people pay – Chris Giles, FT
  • A Marxist catalogue of hate and intolerance – Leo McKinstry, The Sun
  • Sensible ideas outnumbered by absurd promises – Philip Collins, The Times
  • A few good ideas on how to fix capitalism – Charlotte Pickles, Daily Telegraph
  • I’m Jewish, and here’s why I’m voting Labour – Jonathan Lis, The Guardian

Editorial:

  • A recipe for decline – FT
  • Labour is infested with Jew-baiting racists – The Sun
  • A ruinous increase in the size and scope of the state – The Times

Corbyn’s dilemma for Remain voters

“British voters are preparing to go to the polls in a general election for the third time in four years, and the choice facing Ley is also being widely discussed at soirées in the City of London — where many banks and financial services companies fear the impact of Brexit on growth — and in Remain-voting constituencies up and down the country. Is now the time to end the country’s Brexit psychodrama and political paralysis, even if that means voting for Johnson — the man many Remainers blame for getting the country into this mess in the first place? Or is it yet possible to halt a policy that many regard as an economic disaster and national humiliation?” – FT

  • A Liberal Democrat implosion could transform this election – Tom Harwood, Daily Telegraph
  • Swinson is leading her party into a dead end – Iain Martin, The Times

Tories winning the fundraising battle…

“The Conservatives received almost eight times more in large donations than the other three main British political parties combined in the first week of the general election campaign. Boris Johnson’s party declared £5.7m in donations in the week of November 6-12, according to Electoral Commission figures published on Thursday. The four main political parties to report political donations raised a total of £6.5m. Labour raised £218,500, 26 times less than the Tories. The Liberal Democrats received £275,000 over the same period. Nigel Farage’s Brexit party received one big donation, of £250,000 from former Tory donor and prominent City of London financier Jeremy Hosking. He donated £100,000 to the Tories in the 2015 election.” – FT

  • Rich donors hand party £5.7 million boost – The Guardian

…and new poll shows them well ahead in target Labour seat

“Now, a new stunning poll suggests Labour’s Melanie Onn will lose her Great Grimsby seat to the Conservatives despite a 2,565 majority. The Labour vote is down 18 per cent according to a Survation poll for the Economist in an area which voted 71 per cent for Leave in 2016, reports The Mail. And a nationwide poll by Ipsos Mori today showed Boris Johnson’s party has a 16-point lead over Labour with three weeks to go to the election. Support for the Conservatives stood at 44 per cent, up three points from last week’s poll, and that Labour was up four points at 28 per cent.” – The Sun

  • Is the Brexit Party now splitting the Labour vote? – Daily Mail
  • Polls show Johnson entering May’s danger zone – Daily Telegraph

More:

  • Female candidates show the changing face of the Conservatives – The Sun

Comment:

  • Labour trails in polls despite the popularity of Corbyn’s policies – Sir John Curtice, The Times

>Today:

>Yesterday: Andrew Smith in Comment: The next Conservative Government can deliver for the North by investing in regeneration.

Johnson announces extra levy for foreign home-buyers

“Boris Johnson will force foreign buyers to pay extra for homes in England and use the money to tackle homelessness. At the moment, non-residents pay the same stamp duty rate as people living in the UK. Johnson has announced that they will be subject to a 3 percent surcharge if the Conservatives win a majority. This means foreign-based buyers would have to pay up to 18 per cent in stamp duty. The Conservatives have estimated the policy would apply to up to 70,000 sales a year and raise up to £120 million a year, and this money will be directed at programmes to help tackle rough sleeping. Rishi Sunak, the Chief Secretary to the Treasury, said foreign buyers “inflate house prices” by adding extra demand to a market with limited housing stock.” – Daily Telegraph

  • Conservatives accused of ‘retreat’ on social care – The Times

>Yesterday: ToryDiary: National Insurance. A Cummings tax policy begins to take shape.

Prime Minister snubs Brussels demand that he name commissioner

“Boris Johnson has snubbed Ursula von der Leyen’s final demand to put forward a name for a British European Commission. Brussels gave Boris Johnson a final deadline of November 22 to name a new commissioner to serve in Brussels – but he has still not done so. The European Commission has already brought legal action against Britain for breaking its EU treaty obligations. The proceedings could result in Britain being sued in the European Court of Justice and subjected to huge fines unless it complies or leaves the EU before the case reaches the court. Ms von der Leyen has written to the Prime Minister twice since the October 31 Brexit deadline was extended demanding he send a commissioner.” – Daily Express

>Yesterday: ToryDiary: Johnson’s critics will get nowhere by calling him a liar

Farage vows to ‘abolish the House of Lords’

“Nigel Farage has vowed to abolish the House of Lords in the Brexit Party’s first election manifesto, which he will unveil this morning. The Brexit Party leader has passionately spoken out against Parliament’s upper chamber in recent years and last week revealed he had been offered a peerage before standing down 317 candidates in the election race. The party chief will take to the stage at an event in Westminster today as he attempts to sell his package of promises, which include scrapping HS2 and setting aside £100 billion to pump much needed services into “left behind regions”. He also wants to help Britain’s ailing High Street by introducing zero business rates for retailers. The Brexiteer wants to see the end of the House of Lords, which is packed full of around 800 unelected members.” – Daily Express

  • Brexit Party leader under fire for ‘conspiracy claims’ – The Guardian

Comment:

  • Our contract with the British people promises revolution – Nigel Farage, Daily Telegraph

Netanyahu brands indictments a ‘coup attempt’ and vows to fight on

“Israeli Prime Minister Benjamin Netanyahu said indictments against him were a ‘coup attempt’ after the country’s attorney general formally charged him in a series of corruption scandals earlier today. Attorney General Avichai Mandelblit issued an indictment charging Netanyahu with fraud, breach of trust and bribery. Netanyahu’s rejection of the charges echoed the pugnacious language of his ally, U.S. President Donald Trump. ‘It is an attempted coup based on fabrications and a tainted and biased investigative process,’ Netanyahu said during a televised speech. ‘I will continue to lead the country, according to the letter of the law, with responsibility, devotion and concern for all of our futures,’ he said, standing at a podium against the backdrop of four Israeli flags in his official residence.” – Daily Mail

>Yesterday: Garvan Walshe’s column: You can’t eat the hashd al-sha’bi or fill up your car with Hezbollah. Iran’s theocrats hunker down as protests mount.

Salmond accused of sex crimes against ten women

“Alex Salmond has been accused of pinning a woman to a bed by her shoulder and trying to rape her in his official residence when he was first minister. The alleged incident is among 14 charges levelled against the former leader of the Scottish National Party. They include one attempted rape, one intent to rape, ten sexual assaults and two indecent assaults. Mr Salmond appeared at the High Court in Edinburgh yesterday charged with carrying out sexual offences against 10 women while first minister. He denies the allegations and said that he would defend himself “vigorously” in court, when the trial begins in March. Gordon Jackson, QC, pleaded not guilty on his behalf in front of Lady Dorrian, the lord justice clerk, Scotland’s second most senior judge.” – The Times

>Yesterday: Henry Hill’s Red, White, and Blue column: Sturgeon turns the knife as Corbyn undermines Labour in Scotland

News in Brief:

  • Labour’s manifesto is extraordinary, and not in a good way – Sam Bowman, CapX
  • Six of Labour’s daftest policies – Julian Jessop, 1828
  • The Tories risk being dragged into India’s party politics – Joseph Rachman, Reaction
  • No wonder politicians won’t talk about gender – James Kirkup, UnHerd
  • The People’s Vote meltdown – Alastair Campbell, The Spectator

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