Hunt's Explosive Attack
Jeremy Hunt has launched a scathing attack on Labour, claiming they are secretly planning to increase VAT if they win the election. The Tory Chancellor accused his opponents of dodging the question on raising the VAT rate to cover their £38.5 billion worth of pledges over the next five years.
'Piggy Bank' Campaign Advert
The Tories have unveiled a new 'piggy bank' campaign advert urging Brits to start saving in case Sir Keir Starmer becomes Prime Minister. The advert warns of potential financial implications, stating that Labour's promises could cost working families over £2,000.
Labour's Response
Shadow Chancellor Rachel Reeves swiftly dismissed Hunt's claims as "absolute nonsense," firmly stating that Labour has no intention of raising income tax, national insurance, or VAT. She criticized the Tory's unfunded spending plans and questioned how they would be financed without putting additional financial pressure on the public.
Accusations and Counter-Accusations
Labour's Darren Jones accused the Tories of making £71 billion worth of unfunded spending commitments, potentially leading to increased interest rates and mortgage costs for the average citizen. The ongoing VAT row has intensified the clash between the two major parties as the election campaign gains momentum.
