The Institute for Fiscal Studies has warned of tax rises or service cuts to come after the election.
The Conservatives and Labour have been accused by the Institute for Fiscal Studies of a “conspiracy of silence” over the financial challenges facing the country after the election.There comes a point in every election campaign when – like schoolchildren submitting their homework for marking – the parties have to endure the wonks at the IFS running the rule over their manifesto tax and spending pledges to see if their sums add up.
If the smaller parties sitting at the back of the class thought they could avoid the headmaster’s beady eye, they were swiftly disabused of the notion. “The fact of the matter is, I stood and I lost. And what terrifies me now is not not becoming leader, it is seeing Labour come in,” she said when asked about her leadership hopes.
The Prime Minister said that in all his time as an MP he had never placed a bet on politics and that his family was similarly in the clear. So he seems to have been particularly stung when Mr Johnson joined the attack on his controversial claim that the West was responsible for provoking Vladimir Putin’s invasion of Ukraine, branding his comments “morally repugnant” and “more Kremlin propaganda”.
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