Wednesday 27 November 2019 / 4:22 PM Economy / John McDonnell

Independent experts show Labour’s taxes could raise even more than that expected – John McDonnell

Commenting on analysis of different parties’ manifestos by independent experts showing that Labour’s taxes could raise even more than that expected, John McDonnell, Labour’s Shadow Chancellor, said:

“Independent experts have now confirmed that Labour may have underestimated the revenues raised in our Grey Book, showing that we have erred on the side of sensible caution in our figures.

“This analysis also makes clear the profound lack of ambition in the Tory manifesto, and the lack of a plan to kickstart productive investment.

“We are proud of our 44-page Grey Book and comprehensive manifesto, where we have laid out a deliverable plan for real change.”