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| Version 1 | Version 2 |
|---|---|
| How Corbyn and Smith's policies compare | How Corbyn and Smith's policies compare |
| (about 7 hours later) | |
| Jeremy Corbyn and Owen Smith have both set out their stalls to become the next Labour leader. So where do they stand on the key policy issues? | |
| The economy, jobs and pay | The economy, jobs and pay |
| At his campaign launch Mr Corbyn said any business with more than 21 staff would be forced to publish pay audits in an attempt to crack down on discriminatory wage practices. He has said he wants two million new skilled manufacturing jobs and a "full" living wage, starting with care workers. | At his campaign launch Mr Corbyn said any business with more than 21 staff would be forced to publish pay audits in an attempt to crack down on discriminatory wage practices. He has said he wants two million new skilled manufacturing jobs and a "full" living wage, starting with care workers. |
| Owen Smith has said he would bring back wage councils, whereby employers and workers' representatives sit on boards to establish pay rates. He has also promised a £200bn investment package - a "British New Deal" - to renew housing and infrastructure. He is proposing the abolition of "zero hours" contracts and their replacement with minimum guaranteed working hours. He also proposes workers be placed on company remuneration committees and an end to the public sector pay freeze. | |
| Tax | Tax |
| Both candidates have said they would reintroduce a 50p top rate of income tax for earnings over £150,000. | |
| Jeremy Corbyn has said the government should consider imposing "direct rule" on British overseas territories and dependencies if they do not comply with UK tax law, and has criticised government cuts to corporation tax. | Jeremy Corbyn has said the government should consider imposing "direct rule" on British overseas territories and dependencies if they do not comply with UK tax law, and has criticised government cuts to corporation tax. |
| Owen Smith has said Labour has been "too timid" about taxation and called for a more "progressive" system. In addition to a 50p tax rate, he is calling for a 15% tax on wealth for the richest 1% - raising £2.8bn a year - a reversal of cuts to inheritance tax and corporation tax and to raise capital gains tax from its current 20% rate. | |
| Health | Health |
| Every potential Labour leader understands the near sacred importance of the NHS to the party faithful and this area has the potential to see an ugly fight develop. In 2005, as a Pfizer lobbyist, Owen Smith commented on a report about public attitudes to a range of ideas on healthcare provision including care outside hospitals and further expansion of private providers. | Every potential Labour leader understands the near sacred importance of the NHS to the party faithful and this area has the potential to see an ugly fight develop. In 2005, as a Pfizer lobbyist, Owen Smith commented on a report about public attitudes to a range of ideas on healthcare provision including care outside hospitals and further expansion of private providers. |
| He said: "We believe that choice is a good thing." The quotes have re-emerged, forcing Mr Smith to say he believed in a "100% publicly-owned NHS free at the point of use". | |
| He went on: "It has been one of Labour's profoundest achievements. I grew up swaddled in stories of the Labour Party creating the NHS." | He went on: "It has been one of Labour's profoundest achievements. I grew up swaddled in stories of the Labour Party creating the NHS." |
| Mr Smith has pledged in inject more funds in to the NHS, calling for a 4% real-terms increase in spending in every year of the next parliament. | |
| During his launch Mr Corbyn took a dig at his rival's former job with Pfizer saying he hoped Mr Smith would agree with him that the NHS should be free at the point of use. He said it "should be run by publicly-employed workers working for the NHS not for private contractors, and medical research shouldn't be farmed out to big pharmaceutical companies like Pfizer". | During his launch Mr Corbyn took a dig at his rival's former job with Pfizer saying he hoped Mr Smith would agree with him that the NHS should be free at the point of use. He said it "should be run by publicly-employed workers working for the NHS not for private contractors, and medical research shouldn't be farmed out to big pharmaceutical companies like Pfizer". |
| Welfare | Welfare |
| Jeremy Corbyn used his launch to draw on a totemic issue for Labour - the foundation of the welfare state in the 1940s. He pledged to defend the party's "greatest creation" of social protection for all, speaking of the economist William Beveridge's five "giant evils" of want, disease, ignorance, squalor and idleness. But he said society now faces a different set of injustices: inequality, neglect, insecurity, prejudice and discrimination. | Jeremy Corbyn used his launch to draw on a totemic issue for Labour - the foundation of the welfare state in the 1940s. He pledged to defend the party's "greatest creation" of social protection for all, speaking of the economist William Beveridge's five "giant evils" of want, disease, ignorance, squalor and idleness. But he said society now faces a different set of injustices: inequality, neglect, insecurity, prejudice and discrimination. |
| Owen Smith has backed increasing welfare payments and voted against welfare cuts. He has supported the principle of the government's much troubled Universal Credit - an attempt to streamline several in-work benefits. But he attacked cuts to its budget and this year called for a review of the plans. He says he would abolish the Department for Work and Pensions, and replace it with a Ministry for Labour and a Department for Social Security. | |
| Mr Corbyn will be able to point to the fact that in 2015 he was among almost 50 Labour rebels who defied party orders to abstain on the government's Welfare Bill. The legislation included plans to limit child tax credit to two children. Mr Smith abstained, before voting against the bill in its third reading. | Mr Corbyn will be able to point to the fact that in 2015 he was among almost 50 Labour rebels who defied party orders to abstain on the government's Welfare Bill. The legislation included plans to limit child tax credit to two children. Mr Smith abstained, before voting against the bill in its third reading. |
| Foreign affairs and defence | Foreign affairs and defence |
| This is another area where there is a clear difference between the voting records of the two candidates. The government's recent vote saw Labour split three ways on plans to renew Britain's fleet of submarines armed with Trident nuclear warheads. | This is another area where there is a clear difference between the voting records of the two candidates. The government's recent vote saw Labour split three ways on plans to renew Britain's fleet of submarines armed with Trident nuclear warheads. |
| Jeremy Corbyn, a lifelong campaigner for unilateral disarmament, voting against the motion. Mr Smith was among 140 Labour MPs who voted with the government, backing official party policy. | Jeremy Corbyn, a lifelong campaigner for unilateral disarmament, voting against the motion. Mr Smith was among 140 Labour MPs who voted with the government, backing official party policy. |
| Mr Corbyn has consistently voted against the use of UK military forces in combat, including the Iraq war in 2003. | Mr Corbyn has consistently voted against the use of UK military forces in combat, including the Iraq war in 2003. |
| Mr Smith was not in Parliament when the Iraq War started. But speaking to the Wales Online website in 2006, he said he did not know whether he would have voted for conflict. | Mr Smith was not in Parliament when the Iraq War started. But speaking to the Wales Online website in 2006, he said he did not know whether he would have voted for conflict. |
| He said: "We are making significant inroads in improving what is happening in Iraq. | He said: "We are making significant inroads in improving what is happening in Iraq. |
| "I thought at the time the tradition of the Labour Party and the tradition of left-wing engagement to remove dictators was a noble, valuable tradition, and one that in South Wales, from the Spanish Civil War onwards, we have recognised and played a part in." | "I thought at the time the tradition of the Labour Party and the tradition of left-wing engagement to remove dictators was a noble, valuable tradition, and one that in South Wales, from the Spanish Civil War onwards, we have recognised and played a part in." |
| More recently Mr Smith has said he would have voted against the war. Both candidates were opposed to extending UK air strikes to Syria in 2015. | More recently Mr Smith has said he would have voted against the war. Both candidates were opposed to extending UK air strikes to Syria in 2015. |