Bringing down the cost of living: our commitment to you
On Wednesday, Labour laid out how Labour’s plans to bring mail, rail, energy, water and broadband into public ownership will benefit households in Amber Valley, as Labour’s Shadow Chancellor John McDonnell’s asked in a major speech in Birmingham if a government that allows thousands of children to be homeless is living up to the values of Christmas. Shelter has found there will be 13 homeless children in Amber Valley this Christmas.
With its plans for public ownership and ensuring that key decisions are made locally, Labour’s on the side of Amber Valley. The Party has pledged:
- To bring Royal Mail into public ownership and stop Crown Post Office closures.
- To bring East Midlands Railway into public ownership: commuters on the Langley Mill to Derby route will be saved £784.88 a year, thanks to Labour’s biggest ever rail fares cut. Labour will also electrify the Midland Main Line north of Market Harborough and west of Nottingham to improve connectivity between Leicester and Leeds line and to help re-balance our London-centric economy.
- To bring the National Grid and the supply arms of the Big Six energy companies into public ownership, saving a total of £3.7 billion a year, equivalent to £142 per household,
- To bring Severn Trent Water into public ownership, saving a total of £1.9 billion a year, equivalent to £113 per household, and ensuring that decisions about utilities are made regionally, in the interests of local people.
- To bring full fibre broadband provision into public ownership. 77.4 per cent of households and businesses in Amber Valley will benefit from a better internet connection, and the average internet user will save £364 a year. That’s key to ending regional inequality and rural isolation, and connecting all parts of the country, so that decision-making can happen anywhere.
- Plus – Labour will incentivise Am,ber Valley Borough Council to create municipally owned bus companies, so that transport decisions are made locally, for the many not the few.