Skip to content
Wednesday 12 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,833.15
-0.10%
DAX
26,331.07
-0.23%
CAC 40
8,674.94
-0.46%
STOXX 50
6,533.99
-0.26%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Monday 22 September 2014 9:26 pm  |  Updated:  Friday 07 June 2019 7:27 am

Miliband to tax mansions to fund new NHS splurge

By: Kate McCann

Add as a preferred source on Google

ED MILIBAND will today deliver a key pre-election speech at his party’s annual conference in Manchester, in which he is widely expected to announce a funding boost for the NHS.

Miliband is thought to have found a way to pay for a budget increase for the health service as he seeks to position Labour as the party to protect public services ahead of the general election. The policy will be partially funded by a planned mansion tax on properties worth over £2m, as detailed by Ed Balls in his speech yesterday, and will meet the shadow chancellor’s commitment to avoid uncosted policy promises.

The Labour leader will discuss his 10- year plan for the country, built around six key goals. He will focus on how the party will deliver a better future for the UK by boosting the number of apprenticeships to match the number of school leavers going to university, tackling low wages, creating high-tech jobs and helping first-time buyers get on the housing ladder.

Miliband is expected to say: “I’m not talking about changing a policy, or simply a different programme. But something that is bigger: trans­forming the idea, the ethic, of how our country is run.” He will add: “For Labour, this election is about you. You have made the sacrifices, you have taken home lower wages year after year, you have paid higher taxes, you have seen your energy bills rise, you have seen your NHS decline, you know this country doesn’t work for you.”

The speech comes as pressure builds on Labour to set out its position on English votes for English MPs, a significant change in the UK constitution which Prime Minister David Cameron is pushing for. Yesterday Labour deputy leader Harriet Harman told LBC Radio: “We do have to recognise there’s an anomaly and look at different ways we can address that,” stopping short of throwing the party’s support behind the English votes pledge. The Guardian reported last night Miliband is mulling a further tax on the tobacco industry, again to find more cash for the health service.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • NHS
  • UK house prices

Trending Articles

  • Five-star Mayfair hotel hit with HMRC winding-up petition

  • Nottingham Forest owner Marinakis sues Crystal Palace for defamation

  • Back to basics: Sainsbury’s gradual retreat from the British high street

  • It’s not just Jason Arday, most of sociology is a scam

  • Hargreaves Lansdown orders staff back to office

More from Morning Wire

  • Miliband opponents pour cold water on Chancellor hopes

    Politics
    Ed Miliband outside Downing Street
  • Sadiq Khan lobbies Burnham to appoint Miliband as Chancellor 

    Politics
    Sadiq Khan addressing media at a press conference in formal attire, discussing recent developments in London policies
  • Reeves issues warning to successor as she battles to defend record

    Politics
    Reeves is eying mortgage reform as a key growth driver.
  • City sizes up mystery Mahmood

    Politics
    Shabana Mahmood, potential Chancellor, in a professional setting, poised and confident, reflecting leadership qualities
  • Brits say Burnham should call an election

    Politics
    Number 10 Downing Street entrance with iconic black door, symbolizing British political power and leadership
  • Miliband refused to meet motor trade body to discuss zero emissions mandate

    Transport & Infrastructure
    Ed Miliband speaking at a podium during a press conference, addressing energy policy reforms and climate change initiatives.
  • Shabana Mahmood set to be named Chancellor by Burnham

    Politics
    Shabana Mahmood, potential Chancellor, in a professional setting, poised and confident, reflecting leadership qualities
  • John Healey becomes Chancellor as Andy Burnham names top Cabinet appointments

    Politics
    Chancellor John Healey speaking at a professional event, likely a press conference or address.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook