FactCheck: Liberal Democrats £27 billion spending plans explained

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FactCheck: Liberal Democrats £27 billion spending plans explained
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The Liberal Democrats say they plan to spend almost £27 billion more a year by 2029 if they win the next election. FactCheck takes a look.

almost £27 billion more a year by 2029 if they win the next election – on policies including health, defence and education.

The party said it would narrow the £36bn tax gap – the difference between the amount of money HMRC is owed and the amount it actually receives – by investing an additional £1bn a year into the department. She said a Labour government “may find that their proposed £555 million of investment into HMRC does not yield the additional £5 billion they are targeting by the end of the next parliament”.

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