After the atrocity in Manchester on Monday night, campaigning for the general election resumes today. With just a fortnight to go before voting, the parties have a lot of ground to cover, not least their plans for the economy.
I don’t suppose either Labour or the Conservatives will thank the Institute for Fiscal Studies (IFS) for its report, funded by the Nuffield Foundation, published this morning. In it, the IFS points the finger at both parties, saying the Tories don’t have many new details on spending, while Labour’s tax increase and spending plans won’t work.
It’s pretty damning stuff. Essentially, the think tank is saying that neither party is being honest when it comes to tax and spending policies.
Carl Emmerson, deputy director of the IDS, said: ‘The shame of the two big parties’ manifestos is that neither sets out an honest set of choices.
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