Both Tories and Labour pledge lavish borrowing
Gary Gibbon
Political Editor
The next government will borrow more and spend more – if either of the two big parties win the election.
The next government will borrow more and spend more – if either of the two big parties win the election. The Conservatives and Labour have both announced plans for massive increases in spending on infrastructure and public services – funded by more borrowing.
The Shadow Chancellor John McDonnell said under Labour there would be “Investment on a scale never seen before”. The Chancellor Sajid Javid claimed the Conservatives would bring about an “infrastructure revolution”. Our Political Editor Gary Gibbon is in Westminster.
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