Chancellor Philip Hammond has been doing some analysis of the proposals in the Labour manifesto. Big surprise - Labour's sums don't add up. This is what he has to say ...
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We’ve been going through the numbers in Jeremy Corbyn’s manifesto - and what we discovered might shock you.
The amount Labour want to spend is £58 billion more than the amount they are going to raise. That’s a £58 billion black hole in a single year - paid for by every family in the country with higher taxes and more debt.
Jeremy Corbyn said his manifesto was ‘fully costed’ - but if he can’t be trusted to add up properly, then how can anyone trust him to run the economy or negotiate the right Brexit deal for Britain?
This £58 billion black hole is yet another reminder of the clear choice facing people at this election – the strong and stable leadership of Theresa May and her Conservative team to see us through Brexit and beyond, or a coalition of chaos under Jeremy Corbyn.
Over the next 22 days, we need to make this choice clear to every voter in our country.
So please get behind this crucial campaign by making a donation today:
Thank you for your support,
Philip Hammond Chancellor of the Exchequer
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Promoted by Alan Mabbutt on behalf of the Conservative Party, both at 4 Matthew Parker Street, London, SW1H 9HQ
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