December 11, 2019

Cost of Corbyn’s Christmas – Corbyn would make your family Christmas cost a third more

New analysis has revealed that the cost of Christmas across Britain would increase substantially under Jeremy Corbyn’s Labour.

Christmas for families across Britain would be 33 per cent more expensive under Labour’s plans:

  • The average Christmas meal would be nearly £20 more expensive
  • Energy bills would rise by nearly £45
  • Water bills would rise by over £17
  • Fuel duty on car travel would increase by £9
  • A windfall tax on oil companies would mean an extra £7.50 on petrol and £5.42 on heating in December.

John McDonnell, the Shadow Chancellor, has previously proposed a tax on imported food according to the number of air miles. With a typical Christmas lunch consisting of a range of ingredients from across the world – this will hit the pockets of British families.

Meanwhile, Jeremy Corbyn’s plans to renationalise Britain’s water and energy would cause households’ winter bills to spike over the Christmas period.

The festive season often provides families with the chance to visit friends and relatives across the nation, with the average family travelling 302 miles over the period. The Conservative Party introduced a freeze on fuel duty in 2010-11 to help families with the cost of living – measures which Corbyn and McDonnell voted against.

Labour have also recently proposed a windfall tax on oil companies, which will likely push up petrol and heating prices for ordinary families across the country.

Responding, Rishi Sunak, Chief Secretary to the Treasury, said:

“Don’t wake up on Friday the 13th to the nightmare of a Corbyn/Sturgeon coalition.  Corbyn’s plans wouldn’t just make your Christmas expensive, it would cost you an extra £2,400 in taxes every year.
“The choice today is clear – vote for Jeremy Corbyn’s Labour who would take a sledgehammer to the economy and the chaos of another two referendums or Boris Johnson and the Conservatives who will get Brexit done so we can continue to build a strong economy and move our country forward.”
Region Labour's Pension Tax (£) Extra Months to Work
England 11,167 44
East Midlands 6,150 50
Greater London 12,871 45
North East 9,758 38
North West 6,835 47
South East 14,270 40
South West 7,407 45
West Midlands 10,729 41
Northern Ireland 13,718 35
Scotland 10,653 41
Wales 11,691 36
United Kingdom 11,253 43

Commenting, Therese Coffey, Secretary of State for the Department of Work and Pensions, said:

“Corbyn’s Pension Tax will see ten million savers facing a huge bill forcing them to delay their retirement for almost three and a half years.
“This is just one of the ways a Corbyn government would hammer hardworking people on top of his plans to hike up taxes by £2,400 a year, as well as the cost of his plan for unlimited immigration and the chaos of 2020 being dominated by two more referendums – one on Brexit and another on Scottish independence.
“Only Boris Johnson and the Conservative Party can get Brexit done with a deal, get parliament working again and turbocharge our economy to unleash Britain’s potential.”

Read more about how this Pension Tax will impact millions of savers (PDF)