Treasury Claims Labour's Home Insulation Scheme Will Cost Over £13 Billion Annually
The Treasury has claimed that Labour's home insulation scheme will cost more than double their estimated £6 billion. Chancellor Jeremy Hunt argues that the official costing shows that a key aspect of Labour's policy costs double what they have claimed. The analysis reveals that the scheme will cost around £13 billion per year, which is more than double Sir Keir Starmer's estimation.
Tories Accuse Labour of Overspending and Lack of Economic Plan
The Conservative Party has criticized Labour's policy, stating that it "blows another hole" in their flagship green energy jobs plan. The Tories argue that this black hole is equivalent to a 2p rise in income tax for workers. Chancellor Jeremy Hunt claims that Labour's explicit spending commitment without a plan to pay for it can only result in higher taxes. The Tories have raised concerns about the neutrality of the civil service, as they were involved in the calculations.
Labour Dismisses Treasury Costing as "Ludicrous"
Labour has dismissed the Treasury's costing as "ludicrous" and based on "bogus assumptions." A Labour spokesperson argues that the Treasury has costed someone else's policy, not Labour's.
Confusion Within Labour Party Over Green Pledge
Sir Keir Starmer's recent remarks about a £28 billion annual spending spree to boost renewable energy have caused confusion within the Labour Party. Shadow Chancellor Rachel Reeves has previously refused to confirm the £28 billion figure, leading to accusations from senior Tories that Sir Keir is planning a tax raid on families to fund the eco promise. Labour has denied any splits between Sir Keir and Ms. Reeves but has not provided clarity on the fate of the policy.
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https://hellofaread.com/politics/rishi-sunak-faces-backlash-for-trans-jibe-as-brianna-gheys-mum-visits-parliament/
