Lib Dems Propose Free School Meals for All Primary Students
Ed Davey pledges to fund the initiative with a new 4% share buyback tax, aiming to support nearly 1 million children in poverty.
- The plan would initially target 900,000 children living in poverty who currently miss out on free meals.
- A second phase would extend free meals to all primary school children as public finances improve.
- The proposal is expected to cost £500m, funded by a tax on share buybacks from FTSE 100 companies.
- Critics argue that share buybacks can detract from productive investments in the economy.
- The Lib Dems hope this policy will pressure Labour to adopt a similar stance.