General election: Tories and Labour not offering ‘credible’ spending plans – IFS – By Alan McGuinness (Sky News) / Nov 28 2019
The economic think tank says the choice between the two parties in the general election could “hardly be starker”.
Both the Conservatives and Labour have failed to put forward a “properly credible prospectus” for their spending plans, a leading economic think tank has said.
The Institute for Fiscal Studies said it was “highly likely” a Tory government would end up spending more than planned, while it cast doubt on Labour’s promise to “ramp up” investment levels by £55bn a year.
Chancellor Sajid Javid said the assessment showed a Labour government would mean “taxes for the many, not the few” and declared: “We know that our numbers add up.”
Continue to article: https://news.sky.com/story/general-election-tories-and-labour-not-offering-credible-spending-plans-ifs-11872321
