Labour's shadow chancellor Rachel Reeves said the party wants to lower taxes for working people - and pledged a cash boost for public services. She insisted her plans are 'fully funded'.
Labour has ruled out increasing income tax or national insurance if they were to win the election. Shadow chancellor Rachel Reeves said she and Labour leader Sir Keir Starmer want to lower taxes for working people but she would not put forward 'unfunded proposals'. Ms Reeves said: 'None of our plans require increasing taxes.' Follow the general election live:Lib Dems launch 'Yellow Hammer 1' She also said she did not want to make public spending cuts.
5% of GDP, as promised, but said it would happen 'as quickly as possible'. Ms Reeves earlier promised there is 'not going to be a return to austerity' under Labour and would boost frontline services with a 'down payment on the changes that we want to make'. 'But in the end, we have to grow the economy, we have to turn around this dire economic performance,' she told the BBC's Sunday With Laura Kuenssberg programme.
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