Labour’s tax and spend plans ‘trivial’ and fail to address looming cuts – IFS
by Nina Lloyd
Jun 13, 2024
4 minutes
Tax hikes and spending increases within the Labour manifesto are “trivial” and do not address cuts already faced by buckling public services, economic experts have said.
Paul Johnson, director of the Institute for Fiscal Studies (IFS), suggested that delivering “genuine change” in Britain – Sir Keir Starmer’s flagship promise to voters – would require more funding than the policy document proposes.
Mr Johnson said some of Labour’s plans were better than “a shopping list of half-baked policy announcements” – an apparent reference to the Tories’ offering – but warned it would need to put “actual resources on the table”.
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