Thursday, October 31, 2019

Labour’s spending plans can’t be squared with the cost of Brexit

Liberal Democrat Shadow Chancellor Ed Davey has warned that Labour’s spending plans are totally undermined by Jeremy Corbyn’s commitment to Brexit with its huge hit to growth and tax revenue. He said:

“Jeremy Corbyn wants to spend, spend, spend whilst still pursuing his own form of costly Brexit. Any form of Brexit will make Britain’s economy weaker and people poorer, meaning much less tax revenue for the Treasury.

“Corbyn simply can’t square these spending promises with his Brexit policy and the cost of Brexit.

“A vote for the Liberal Democrats is a vote to stop Brexit - so we can boost our economy, invest in our public services and build a brighter future for our whole country."

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