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Ed Miliband MP, Leader of the Labour Party, and Ken Livingstone, Labour’s candidate for Mayor of London, launched Labour’s six key pledges for London today. The pledges, led by the 7% fare cut pledge, will directly address the biggest the rising cost of living which is squeezing millions of Londoners.

Ken’s pledges cover:
·    Cut fares by 7 per cent this year – saving the average Londoner £1,000 over four years
·    Reverse Boris Johnson’s police cuts, restore local sergeants
·    Help reduce rents, improve homes with a London non-profit lettings agency
·    Tackle heating bills – through insulation and an energy co-op to reduce prices and help households save over £150 a year
·    London EMA of up to £30 a week to help young people stay in education
·    Support for childcare with grants and interest-free loans – and campaign against Tory cuts to childcare tax credits

Ken launched his 6 key pledges for London ahead of Labour’s manifesto which will be published closer to polling day. The full pledges are listed below.

Ed Miliband MP said,

“Ken’s 6 pledges for London include his keynote policy to reduce the burden on London’s fare payers, across rail, tube, bus, tram and DLR. He will make a real difference to the lives of millions of people across the capital by cutting the cost of living and putting money back into Londoner’s pockets and purses.

“At the very core of this election is an unbridgeable difference over fares – Ken will cut the fares, Boris Johnson has raised them above inflation every year in the toughest possible times. That’s why the London Mayoral Election is a referendum on Boris Johnson’s fares policy and a huge opportunity to put in place a positive agenda for the future of the capital.”   

Ken Livingstone said:

“This election is not the X-Factor or a soap opera but a deadly serious choice about who will put the majority first, and with years of rising fares in very tough times the question of reducing the squeeze on Londoners’ living standards has become the central issue.

“Our Labour campaign is reaching out to Londoners in every part of the capital and from every background and political opinion who want a fairer deal. Residents in outer London have been betrayed, in many cases hit hardest by soaring fare rises and cuts to the police. I will put that right.

“The Tory Mayor has broken his promises on knife crime and cut police. Labour’s campaign stands for fighting crime, not cutting the police.
“My key pledges will help millions of Londoners from the commuters who are being hit by Boris Johnson’s bus, tube and train fare increases, to the families struggling with the cost of childcare, to the young people who can’t afford to stay on in college.”

Val Shawcross AM, Ken’s Deputy Mayoral running mate, said:

“The Tory candidate’s policies are unwieldy list of vague ideas dressed up as new policies, but fail miserably to deal with the reality of Londoners’ lives in very difficult times. By contrast Ken’s commitments are clear, sharp, and focused on how Londoners live. Only Ken Livingstone as Mayor will put Londoners first.”

Six pledges - Ken’s key commitments to Londoners:

1. I will cut fares by 7% this year and freeze them throughout 2013. Oyster single bus fares will be reduced from £1.35 to £1.20. From 2014 fares will not rise above inflation.

2. Boris Johnson has admitted cutting 1,700 police officers. If I am elected, I will reverse his cuts. And I will reinstate sergeants to all 600 Safer Neighbourhood Teams, more of which will be beefed up to a minimum of nine officers.

3. I will establish an all-London non-profit making lettings agency which, by cutting out Estate Agents' profit, will help reduce rents and provide secure tenancies, and I will campaign for a London Living Rent - no Londoner should pay more than a third of their income in rent.

4. I will enable London households to save over £150 a year on energy bills through taking up money from energy companies for better insulation, which Boris Johnson has failed to do - losing London £400m - and bringing in bulk purchasing deals to cut the price paid by Londoners for electricity and gas.

5. After the Tory-led Government's abolition of EMA I am committed to restoring a London-wide Educational Maintenance Allowance of up to £30 per week in term by bringing together existing funds in colleges, universities, and local authorities.

6. I will help families with the upfront cost of childcare through offering grants of up to £700 to low income families and interest-free loans to families earning up to £40,000 per year. I will campaign against the Tory cuts to childcare tax credits and provide funding to create more out-of-hours childcare places at 200 nurseries across London.

Over a four year term my Fare Deal will save average London fare-payers £1,000, participating London households will save over £600 in reduced energy bills. Downward pressure on rents will be maximised. Families with children receiving EMA can get over £1,000 a year per student. We will work to help families struggling with childcare costs.

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