Treasury Analysis Projects £10bn Annual Deficit Under Labour Plans
Rishi Sunak and Keir Starmer clash over the economic impact of Labour's proposed policies, with significant discrepancies in cost estimates.
- Treasury estimates Labour's plans will generate £20.4bn in tax revenue over four years.
- Spending under Labour's policies could reach £58.9bn over the same period.
- Key areas of spending include healthcare, education, and green investments.
- Labour disputes the Treasury's calculations, citing 'glaring mistakes' and 'dodgy assumptions.'
- The debate highlights stark contrasts in fiscal strategies between the Conservatives and Labour.