A brief summary of the beliefs and policy proposals of the newly elected Labour leader

Jeremy Corbyn is the new leader of the Labour party. This is what he thinks:

On the economy

Corbyn is opposed to austerity and plans to bring down the deficit by growing the economy and taxing the wealthy instead.

He intends to introduce a “people’s quantitative easing”, which would allow the Bank of England to print money to invest in large-scale housing, energy, transport and digital projects, partly through a national investment bank.

Corbyn says he will fund this by reducing the “tax gap” and ending corporate tax reliefs.

On tax

Corbyn says there is £20bn in tax debt uncollected by HMRC every year and another £20bn in tax avoidance and a further £80bn in tax evasion that needs to be addressed.

On education

Corbyn has proposed a National Education Service, which he says would be “every bit as vital and as free at the point of use as our NHS”. The service would begin with universal childcare, give more power to local authorities, rethink the role of free schools and academies, introduce a minimum wage for apprentices and put more money into adult learning.

Corbyn has said he will also look at abolishing the charitable status of private schools but admitted it would be “very difficult to do”.

He wants to scrap tuition fees and restore student maintenance grants. This will be funded by increasing national insurance on those earning more than £50,000 a year and increasing corporation tax by 2.5%, or by slowing the pace of deficit reduction.

He has apologised to students who have had to pay fees because of Labour.

I want to apologise on behalf of the Labour party to the last generation of students for the imposition of fees, top-up fees and the replacement of grants with loans by previous Labour governments. I opposed those changes at the time – as did many others – and now we have an opportunity to change course.

On housing

Corbyn would introduce rent controls in expensive places like central London so that families on welfare are not pushed out of the area, which he says is an example of “social cleansing”. He will also suspend council right-to-buy schemes in such areas and will lift borrowing restrictions on councils so that they can build more than half of the 250,000 new homes he says are needed each year.

Corbyn has proposed the idea of linking private rents to local average earnings and introducing a right to buy for private tenants of large-scale landlords, a scheme that would be funded by withdrawing some of the £14bn of tax allowances given to buy-to-let landlords.

On immigration

Corbyn has consistently argued that immigration is not a drain on the economy and has campaigned on behalf of asylum seekers, most recently over the need to rescue Mediterranean refugees. He has said the debate on immigration has been “poisoned” and that migration is a global phenomenon that has been going on for hundreds of years.

On welfare

Corbyn was one of the 48 Labour rebels who defied the party whip and voted against the government’s welfare reform bill. He said:

We are one of the richest countries in the world and there is absolutely no reason why anyone should have to live in poverty.

On defence

Corbyn intends to withdraw from Nato and opposes the renewal of the Trident nuclear deterrent.

He is in favour of unilateral nuclear disarmament and has called for a “radically different international policy” based on “political and not military solutions”.

He has indicated that he would block any attempt by David Cameron to launch airstrikes in Syria, stating that bombing the country will “kill many people” and may not defeat Isis. Cutting off the supply of money and arms to Isis from “some of our supposed allies in the region” would be more effective, he added.

On public ownership

Corbyn plans to renationalise the energy companies to bring energy prices back down. He said privatisation of the sector has created a “false market” which allows for a great deal of money to be made by gas and electricity companies at the expense of everyone else.

Corbyn also plans to renationalise the railways, which he says will allow the public to “get the benefit” of the current investment in infrastructure. He said:

I believe in public ownership, but I have never favoured the remote nationalised model of the postwar era. Like a majority of the population and a majority of even Tory voters, I want the railways back in public ownership. But public control should mean just that: so we should have passengers, rail workers and government too, cooperatively running the railways ... in our interests and not for private profit.

On Europe

Corbyn has indicated that he is likely to support the campaign to stay in the European Union, but has refused to rule out campaigning for a no vote because:

Cameron quite clearly follows an agenda which is about trading away workers’ rights ... environment protection ... much of what is in the social chapter.

He maintains that Britain should play a crucial role in Europe by making demands on issues such as workers’ rights, the environment, tax and wage protection “rather than saying blanketly we’re going to support whatever Cameron comes out with whenever he finally decides to hold this referendum”.

When pressed, Corbyn has said his preferred position is to stay in a reformed EU. But he has also cited the union’s treatment of Greece as a justification for potential exit. He said:

Look at it another way: if we allow unaccountable forces to destroy an economy like Greece, when all that bailout money isn’t going to the Greek people, it’s going to carious banks all across Europe, then I think we need to think very, very carefully about what role [the EU] are playing and what role we are playing in that.

On healthcare

Corbyn has promised a “fully funded NHS, integrated with social care, with an end to privatisation in health”. His website states that the “principle of universal healthcare which is free at the point of use is something that we all deserve and should be absolutely protected.”

Corbyn has also pledged to tackle the “mental health crisis” and improve mental health coverage in the country. He will grow rather than cut mental health budgets and ensure mental health education is taught in schools.

On the monarchy

Though Corbyn is a republican, he has said abolishing the monarchy is “not the fight I’m going to fight” due to huge public support for the royal family.

On the arts

Corbyn has said he will create a cabinet committee for the arts and creative industries to bring ministers from across the departments together, making policy more effective.

On gender equality

Corbyn has pledged to do more to address discrimination in the workplace, at home and on the streets. He has called for an end to the cuts to public services and welfare that drive women and families into poverty, including the cuts to women’s refuges and services for domestic violence.

He also wants all companies to publish details of their equal pay arrangements, intends his cabinet to be made up of 50% women and wants to “work towards” 50% of all Labour MPs being women.

Corbyn has floated the idea of reintroducing women-only carriages on trains to cut sexual assault cases. He says this is not his preferred choice but he will consult women on the proposal after being contacted by women lobbyists.

On foreign policy

Corbyn was opposed to the Iraq war and has suggested that Tony Blair should stand trial as a war criminal over it.

Corbyn has hinted that Britain should seek greater diplomatic relations with Russia. He previously described the Kremlin’s state propaganda channel Russia Today as “more objective on Libya than most” and believes that the Ukraine crisis was caused by the west and Nato.

Russia has gone way beyond its legal powers to use bases in the Crimea. Sending unidentified forces into another country is clearly a violation of that country’s sovereignty [...] Still, the hypocrisy of the west remains unbelievable,” he said. “Nato has sought to expand since the end of the cold war. It has increased its military capability and expenditure. It operates way beyond its original 1948 area and its attempt to encircle Russia is one of the big threats of our time.

Corbyn has also said he supports Israel’s right to exist but opposes what he describes as the country’s “occupation policies”. He has reportedly attended an event in the past hosted by a Holocaust denier and has been criticised for describing Hamas and Hezbollah as friends, which he says was a throwaway word he used to create an amicable atmosphere during discussions. “You don’t make peace unless you talk to everybody,” he said.