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BBCNEWS BBC News at Ten June 4, 2024 21:23:00

And is here to explain. let s have a look at how the conservatives reached their figures. this is the claim, that there s a £38.5 billion gap in labour s spending plans. the conservatives have divided that by the number of working households and come up with their £2,000 figure. note this is over a four year period, so about £500 a year. the prime minister said last night this was the work of independent treasury officials. it is true that the treasury did most of the the sums but political advisers, who work for the chancellor, were the ones who set the terms of the calculations by making assumptions about labour s policies. this is the policy list the conservative party produced and how much it would allegedly cost. but not all of it has been costed by the treasury. these ones here come from other documents. for this one, labour s green prosperity fund, ....

Spending Plans , 8 5 Billion , 138 5 Billion , Prime Minister , Hm Treasury , Conservative Party , Costed Labour , Policy List , Prosperity Fund , The Treasury ,

BBCNEWS The Context June 4, 2024 19:05:00

Costed by the treasury. these three at the bottom that have been highlighted there, they come from other documents. for example, this one, the green prosperity plan, comes from a labour policy document, but labour insist this evening the funding would come through a windfall tax on energy companies and through borrowing. let s look at this one in sourcing, that s bringing contracts back into the public sector from the private sector. the claim in the dossier is that labour s plan would always be a lot more expensive, costing £6 billion. the sums are based on a figure from the think tank the institute for government, but they told the bbc that using their research to partially justify this figure was highly misleading. so the £2,000 tax claim is misleading. labour say they won t increase income tax, national insurance or vat. they will publish their manifesto soon, and at that point, we ll be able to fully scrutinise their commitments and how ....

Prosperity Plan , Labour Policy Document , The Treasury , Windfall Tax , Energy Companies , Costed Labour , Institute For Government , Think Tank , 6 Billion , Tax Claim , Income Tax ,

BBCNEWS BBC News June 4, 2024 22:13:00

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 costed by the treasury. these three at the bottom that have been highlighted there, they come from other documents. for example, this one, the green prosperity plan, comes from a labour policy document, ....

Working Families , Black Hole , Prime Minister , Hm Treasury , Costed Labour , Conservative Party , Policy List , Prosperity Plan , Labour Policy Document , The Treasury ,

BBCNEWS BBC News June 4, 2024 22:11:00

Taxes under the labour party. ..and again. by saddling them with £2,000 worth of higher taxes. ..and over, and over again. independent treasury officials have costed labour s policies, and they amount to a £2,000 tax rise for every working family. keir starmer did eventually say it was false. this £2,000 he keeps saying it s going to cost is absolute garbage. but that wasn t the end of it. here was one of the prime minister s closest allies on the breakfast sofa this morning. i have worked in the treasury, and i can tell you these - i are brilliant independent civil. servants, and they would not be putting anything dodgy in there. these are all the policies that have | been set out by the labour party. i and actually, if anything, they are underestimating the cost to families. and look at what she said next. it has been signed off- by the permanent secretary of the treasury. yes, the most senior civil servant here at the treasury. except in a letter written to labour at the other da ....

Costed Labour , Tax Rise , Treasury Officials , Prime Minister , Keir Starmer , Wasn T , Breakfast Sofa , The End , Hm Treasury , The Party , Secretary Of The Treasury ,

BBCNEWS BBC News at Ten June 4, 2024 21:24:00

The conservatives rely on a labour policy document. but labour insist this evening the funding would come through a windfall tax on energy companies and borrowing. let s look at this one in sourcing, to use the jargon. that s bringing contracts back into the public sector from the private sector. the claim in the dossier is that labour s plan would be less efficient and ultimately cost £6 billion. the sums are based on a figure from the thinktank the institute for government. but they told the bbc that using their research to partially justify this figure was highly misleading. so the £2,000 tax claim is misleading. labour say they won t increase income tax, national insurance or vat. they will publish their manifesto soon. and, at that point, we ll be able to fully scrutinise their commitments and how they plan to pay for them. chris is here. an important row over the £2,000 claim, but what about the wider picture on tax and spend? ....

Windfall Tax , Labour Policy Document , Energy Companies , Costed Labour , Institute For Government , 6 Billion , Bbc London , Tax Claim , Income Tax , Chris Mason ,