Labour–SNP Coalition Agreement (Oh Jeremy Corbyn)

The Labour- Scottish National Party coaltion agreement (officialy known as the The Coaltion: Our programme for a Socialist Britain) was a policy document drawn up following the 2017 UK General Election. It formed the terms of reference governing the Corbyn- Sturgeon coaltion comprising MP's from Labour and SNP. The election was a hung parlimeant with no party having a majority in the Commons. The initial agreement was published on the 14th June 2017 with the final agreement publishe don the 18th June detailing the various policies agreed upon for a coaltion government to be formed.

Initial Agreement
The initial agreement was published on the 14th June 2017. It was a 6 page document seperated into 9 sections.

Anti- Austerity
An end to the austerity polices of the previous governments. For £120 billion to be invested into public services during the period of government.

Scottish indepdence referundum
At the end of the Brexit negoations in March 2019 a referundum will be held on Scottish indepdence from the United Kingdom.

Taxation
For Coporation Tax to be raised to 26%, a new tax of financial transactions, reversing cuts to capital gains taxes. In England, Wales and Northern Ireland the 45p tax threshold will be lowered to £80,000 and a 50p tax rate for those earning over £123,000.

Trident
Trident will be renewed.

European Union
Britain remains commited to leaving the European Union and the SNP will support Labour negoations.

Nationalisation
In England, Wales and Northern Ireland for the Water, Railway and Energy companies to be nationalised.

Housing
A national investment bank to be funded through People's Quantitive Easing to be established to build 1 million homes over 5 years.

National Minimum Wage
For the National Minimum Wage to be increased to £10 an hour.

Fracking
A Full UK wide ban on fracking.