Liberal Democrats propose a 4% tax on FTSE 100 share buybacks for free school meals for all UK primary school children, targeting child poverty.

Liberal Democrats pledge free school meals for all UK primary school children, funded by a 4% tax on share buybacks from FTSE 100 companies. The party plans to first extend free meals to the 900,000 children not eligible under the current scheme, followed by a nationwide rollout if public finances stabilize. The policy could raise around £1.4 billion annually and aims to combat child poverty.

May 31, 2024
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