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Matthew Cheetham, CEO of Harrington Brooks, comments on Labour’s manifesto launch PDF Print E-mail
Tuesday, 14 April 2015

“We welcome the Labour Party’s focus on polices to lift hard working families out of financial hardship. Labour’s commitment to raise the minimum wage to more than £8 by October 2019, to protect tax credits against inflation for working families and the freezing of energy bills for households are important measures that will ease the pressure off families who are in financial trouble. We also welcome Labour’s commitment to apply a further levy on payday lenders, who continue to be a significant source of the nation’s personal debt epidemic.

“As a proud member of the Greater Manchester community, Harrington Brooks also welcomes Labour’s commitment to devolve an extra £30bn in funding to English cities. We believe that the right to self-determination over our economic future is an important step to securing the long-term success of Manchester’s many local businesses.
 
“However, for all the focus on Labour’s commitment to tackle the nation’s debt problems, we are disappointed that there is no explicit commitment to address the growing personal debt epidemic that continues to be a huge problem in this country. Harrington Brooks has been calling for the main parties to implement a national Personal Debt Action Plan, and we urge the next Government to take this issue up after the election.”

(Source - Harrington Brooks Press Release)
 

 

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