Change
My plan for change
Labour’s first steps for change
Mission-driven government
Strong foundations
Kickstart economic growth
Make Britain a clean energy superpower
Take back our streets
Break down barriers to opportunity
Build an NHS fit for the future
Serving the country
Britain reconnected
Labour’s fiscal plan
Manifesto accessibility
Labour’s fiscal plan
Our fiscal rules are non-negotiable and will apply to every decision taken by a Labour government. This means that the current budget must move into balance, so that day-to-day costs are met by revenues and debt must be falling as a share of the economy by the fifth year of the forecast.
Costs for Labour’s additional public services spending are set out below. We have used the last year of the most recent Office for Budget Responsibility forecast (2028-29) which represents the highest annual cost of the policies. However, we will begin to put these policies in place from day one of a Labour government, moving as quickly as possible in a way that also ensures value for money for the taxpayer.
We have not allocated all additional revenue to potential spending. This is a prudent approach in line with our commitment to economic stability.
Policies not listed here will be funded from existing budgets or do not have a cost.
Public Services1
| REVENUE (2028-29) | £M | POLICIES FUNDED (2028-29) | £M |
| Revenue from closing further non-dom tax loopholes and investment in reducing tax avoidance 2 | 5,230 | 40,000 more operations, scans and appointments every week | 1,010 |
| Double the number of NHS CT and MRI scanners | 250 | ||
| Dentistry package including 700,000 urgent appointments every year | 125 | ||
| Free breakfast clubs in every primary school | 315 | ||
| Investment in HMRC to reduce tax avoidance | 855 | ||
| Revenue from applying VAT and business rates to private schools | 1,510 | 6,500 new expert teachers | 450 |
| Increased teacher and headteacher training | 270 | ||
| Delivering work experience and careers advice for all young people | 85 | ||
| Early language development in primary schools | 5 | ||
| Ofsted reform | 45 | ||
| Over 3,000 new nurseries | 35 | ||
| Mental health support for every school | 175 | ||
| Young Futures Hubs | 95 | ||
| Revenue from closing carried interest tax loophole | 565 | Recruit 8,500 new mental health staff | 410 |
| Legal aid for victims of disasters or state-related deaths3 | 30 | ||
| Waive visa costs for non-UK veterans who have served four years or more in the British forces4 | 10 | ||
| Revenue from increasing stamp duty on purchases of residential property by non-UK residents by 1% | 40 | Appoint 300 new planning officers | 20 |
| Barnett consequentials5 | 650 | ||
| Total | 7,350 | Total including Barnett consequentials | 4,835 |
1 May not sum due to rounding.
2 Revenue from tax avoidance driven by additional £855m per year investment in HMRC. Does not include £600m revenue from removing non-dom discount loophole in 2025-26.
3 Costs are England and Wales.
4 Costs are UK wide.
5 Scotland (£320m), Wales (£195m), Northern Ireland (£135m).
Green Prosperity Plan6
The Green Prosperity Plan will be funded in part by a time-limited windfall tax on the oil and gas giants making record profits, with the rest of the funding coming from responsible borrowing to invest within Labour’s fiscal rules – catalytic investment that will leverage higher private investment and boost economic growth.
For transparency, we have given an annual average across the parliament given the exact profile of projects will be driven by partnership with business.
| Funding (annual average) | £bn | Policies funded (annual average) | £bn |
| Windfall tax on oil and gas giants | 1.2 | Great British Energy | 1.7 |
| National Wealth Fund | 1.5 | ||
| British Jobs Bonus7 | 0.3 | ||
| Warm Homes Plan7 | 1.1 | ||
| Barnett consequentials | 0.2 | ||
| Total | 1.2 | Total including Barnett consequentials | 4.7 |
| Borrowing to invest within fiscal rules | 3.5 | ||
6 May not sum due to rounding.
7 Elements of the British Jobs Bonus (up to £500m per year from 2026-27) and Warm Homes Plan will be devolved.
Changes within departmental spending plans8
We have identified waste and other efficiencies which will be used to fund further public service priorities.
For transparency, we have used an annual figure that reflects the highest annual costs of these policies given the differing profiles of each spending priority.
| Policy | Funding within existing departmental plans | Amount re-allocated, annualised, £m |
| Prioritising frontline public service delivery and public sector capability | Halving consultancy spend | 745 |
| 13,000 additional neighbourhood police and community PCSOs; and specialist domestic abuse advisers in 999 control rooms at peak times | Police Efficiency and Collaboration Programme | 400 |
| New measures to clear the asylum backlog: Caseworkers, Returns and Enforcment Unit | End use of hotels for asylum accommodation | 155 |
| Border Security Command to tackle criminal gangs behind small boat crossings | Scrap the Rwanda scheme | 75 |
| Invest in roads maintenance to fill in up to 1 million potholes every year | Deferring the A27 bypass | 65 |
| Put youth workers in A&E units and custody centres, and youth mentors in pupil referral units | Full cost recovery for firearms licenses | 20 |
| Appoint legal advocates to provide free legal advice and support to rape survivors across England and Wales | Redirect PCC grants for victims’ services | 5 |
| Total | 1,460 |
8 May not sum due to rounding.