Shadow Business Secretary Jonathan Reynolds says there would be 'billions' to spend on public services if Labour had been in government over the past 14 years. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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00:00Taxes are at a 70-year high under the Conservative Party.
00:03We understand that. We understand the burdens that puts on people.
00:06But that is why we do not accept this doom loop of high taxes, low growth, poor public services.
00:11We're going to break out of that, and that is the big argument in the Labour manifesto
00:15with a set of practical proposals that will make a real difference.
00:18And we should remember, if the economy had grown at anything like the rate it had grown
00:22under the last Labour government over the previous 14 years,
00:25there'd be billions of pounds of spending now available to be spent on public services
00:29that just isn't there. And if I didn't think that could be improved,
00:33I wouldn't even be a candidate at this election.
00:35That is the big challenge facing the country, and that's why we need this change to a Labour government.
00:39I do want higher wages. I think one of the problems today is that people are worse off
00:44at the end of this parliament than they were at the beginning.
00:46So I'll make no apologies for wanting to see people be better off.
00:49But we've put in place a set of proposals on the minimum wage becoming a real living wage over time.
00:55Not an arbitrary amount, but a process that will take into account the cost of living
00:59as part of an economy which for businesses will be much more attractive.