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7 March 2024updated 08 Mar 2024 11:46am

What would Labour do differently?

The party is standing by its commitment to reconfigure the way the public finances are measured.

By Freddie Hayward

The Conservatives’ snatching of Labour’s plan to cut the non-dom tax status shows that Keir Starmer now conducts British politics. The drumbeat of power is heard outside the Leader’s Office. This is a government in opposition.

The telling sign was how Jeremy Hunt’s primary objective was causing trouble for Labour. The Tories threw the opposition a problem: how will you find the money that underwrote your retail offer (more MRI scanners and nurses) now that we have spent it on a National Insurance tax cut? I asked Labour’s spokesperson that question. The reply was simple: we stand by the commitments and we will find the money without raising taxes. In other words, the £1.2trn of state expenditure will be rejigged, shook, ironed out and refined until a few billion pounds are found.

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