Philip Hammond on Labour Party

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Last quote by Philip Hammond on Labour Party

Jeremy Corbyn cannot simply pretend that by classifying something as capital it doesn't have to be paid for. The fact is that Labour's manifesto doesn't add up. Jeremy Corbyn's numbers do not make sense. He's made £105bn of spending commitments and £47bn of tax-raising pledges, even if we accept the numbers on tax he has presented. That's a £58bn black hole which would be a blueprint for crashing Britain's economy. Investment capital as well as resource has to be paid for. It's money that has to be raised either through taxation or through borrowing. It means very soon.feedback
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May 17 2017
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Quotes by Philip Hammond on Labour Party

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