Labour’s U.K. Election Manifesto Launch: The Key Proposals

(Bloomberg) — Labour leader Jeremy Corbyn launched his party’s manifesto on Thursday, promising a reckoning for the U.K.’s bankers and billionaires if he wins the Dec. 12 general election.

His program includes spending plans costing hundreds of billions of pounds, funded by an array of new taxes on companies, financial transactions, oil companies and the highest 5% of earners.

Here’s a breakdown of the key proposals:BrexitNegotiate a new deal with the European Union within three months. This would see the U.K. in a customs union with access to the bloc’s single market and guarantees for environmental and workers rightsThe deal would […]

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