IFS expert pans top Labour candidate over UK economy claim

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THE director of Institute for Fiscal Studies (IFS) has dismissed a claim made by a senior Labour Party candidate that the financial situation of…

During an interview with Times Radio, shadow cabinet office minister Nick Thomas-Symonds said that if the party wins the General Election they may discover the public finances are “even worse” than expected.and Labour were not being honest about the economic choices they will have to make if they form the next government, Thomas-Symonds said:

Earlier this month, Rachel Reeves admitted that the excuse of not being fully aware of the financial situation and immediately raising taxes wasn’t legitimate due to the creation of the Office for Budget Responsibility in 2010.“We know things are in a pretty bad state. You don’t need to win an election to find that out”.

Johnson said the party’s manifesto promised a “dizzying number of reviews and strategies” but warned that “delivering genuine change will almost certainly require putting actual resources on the table”.We know there are thousands of National readers who want to debate, argue and go back and forth in the comments section of our stories. We’ve got the most informed readers in Scotland, asking each other the big questions about the future of our country.

 

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