Do you agree? Labour hopes to win over doubters by persuading them it no longer believes in tax-and-spend government. Some say its approach is too cautious.
The Labour manifesto: Wealth is what we need

Glossary
Keir Starmer - The leader of the UK Labour Party since 2020 and British prime minister since July 2024.
Nigel Farage - A British politician and broadcaster who has served as Leader of Reform UK since June 2024.
Clacton - A seaside town in Essex, England, where Nigel Farage is standing to be MP in 2024.
NHS - The National Health Service, the publicly funded healthcare system in the UK. The NHS was founded in 1948.
VAT - Short for value added tax. It is payable to the government by a business that sells an item. Essential items like food are zero-rated. Children’s clothes are also exceptions.
National insurance - In the UK, a tax on money you earn, either from your job or by being self-employed.
Corporation tax - A tax on the profits of a business.
Tax avoidance - When a person finds legal loopholes to avoid taxes/pay less tax. It is different to tax evasion, which is when someone does not pay taxes in an illegal way.
Asylum seekers - People who have left their countries due to danger and are seeking refuge elsewhere.
Rwanda - A country in the centre of Africa. At least 500,000 people were killed in the appalling genocide of 1994.
Hereditary peers - Members of the House of Lords who have inherited their position from their parents. There are currently 92 hereditary peers in the HoL.
Zero-hours contracts - An employment contract which offers no guarantee of any paid work.
Conservatives - A traditionally right-wing or centre right political party in the UK. Members are sometimes called Tories.
Institute of Fiscal Studies - An independent economic research institute which focuses on UK tax policy.