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Transcripts for BBCNEWS BBC News 20240604 13:15:00

how that £2000 figure is generated. the tories have added up what they say are the net cost of labour public spending commitments over the next four years and have come to any curated sum of £38.5 billion. they have divided that figure by the number of households in the uk with one person working at least, 18 million and that produces the figure of £2000. but this morning a letter emerge from the chief civil servant at the treasury written on the 3rd ofjune which casts further doubt on the basis of that figure. it says the basis of that figure. it says the £38 billion figure used by the conservative party s publication conservative pa rty s publication uses conservative party s publication uses costs beyond those produced by the civil service and published online by hm treasury. any costings derived from other sources are produced by other organisations should not be presented as having been produced by the civil service. and finally, i have reminded ministers and advisers they sho

Transcripts for BBCNEWS BBC News 20240604 15:14:00

the basis of that figure. it says the basis of that figure. it says the £38 billion figure used by the conservative party s publication conservative pa rty s publication includes conservative party s publication includes costs beyond those produced by the civil servants and published online by hm treasury. any costings derived from other sources or produced by other organisations should not be presented as having been produced by the civil service. and finally, i have reminded ministers and advisers that should be the case. this is important because the treasury is saying it did produce some costings of labour s policies but it did not produce that £38.5 billion figure, thatis produce that £38.5 billion figure, that is because of the figures were used by the tories to get to that overall total. therefore, the £2000 figure of deposit rises under a future labour government, a figure which derives from the overall total, also cannot be attributed to the treasury. so what happens if yo

Transcripts for BBCNEWS BBC News 20240604 15:13:00

conservative claim over the tax implications of labour s spending plans. bbc verify have been the key to the fine print. was that claim from rishi sunak in the debate last night that labour would put up household taxes by £2000, produced by the treasury? that is what the conservative leader in flight, here is what he actually said. is what he implied. first let s explain how that £2000 figure is generated. the tories have added up what they say are the net costs of labour spending commitments over the next four years and come to a cumulative sum of £38.5 billion. they have divided this figure by the number of households in the uk with one person working at least, 18 million and that produces a figure of £2000. but this morning a letter emerged from the chief civil servant of the treasury went into labour on the 3rd ofjune which casts further doubt on

Transcripts for BBCNEWS BBC News 20240604 22:12:00

he writes that it includes costs beyond those provided by the civil service and published online by hm treasury. any costings derived from other sources should not be presented as having been produced by the civil service. i have reminded ministers and advisers that this should be the case . a prime minister with his back against the wall, desperately trying to defend iii years of failure, resorting and it was a flash of his character, an insight into his character to lies. and i don t say that lightly. the political aftershocks of last night s debate, as the arguments get angrier. bbc verify s nick eardley has been looking into the figures. let s have a look at how the conservatives reached their number, how they reached their calculations. it was this, £38.5 billion black

Transcripts for BBCNEWS The Context 20240604 19:04:00

£2,000 figure is misleading. let s have a look at how the conservatives reached their number, how they reached their calculations. it was this, £38.5 billion black hole is what they claim, and they have basically divided that by the number of working families in the country and come up with this figure, £2094. now, that is over a four year period, so about £500 a year. the prime minister said last night that this was the work of independent treasury officials. it is true to say that treasury did most of the sums, but political advisors who work for the chancellor were the ones who set the terms of the calculations by making assumptions about labour s policies. now over here, we can show you, this is the policy list the conservative party produced and how much it would allegedly cost. but not all of it has been

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