Darren Jones questions how Tory policies will be funded

The transcript discusses the Conservative Party's £70 billion of unfunded spending commitments in the election campaign, questioning how these will be funded. It highlights the example of abolishing National Insurance contributions, costing £46 billion annually, without a clear funding plan. In contrast, the Labour Party claims all its policies are fully funded through specific tax changes. Labour also anticipates inheriting a challenging fiscal situation if they win the election, but plans to invest in public services and stabilize the economy. They aim to encourage business investment with stable tax commitments and revised business rates.

What is the main concern regarding the Conservative Party's policies in the election campaign?

• They focus on reducing taxes.

• They lack clarity on funding sources.

• They are fully funded.

• They prioritize environmental issues.

How does the Labour Party plan to fund their policies?

• By borrowing more money.

• By cutting public services.

• Through tax loophole changes and tackling tax avoidance.

• By increasing National Insurance contributions.

What fiscal challenge does the Labour Party anticipate if they win the election?

• A surplus budget.

• The best fiscal inheritance since the Second World War.

• No significant fiscal changes.

• The worst fiscal inheritance since the Second World War.

What is one of Labour's commitments to encourage business investment?

• Introducing new tariffs on imports.

• Eliminating all business taxes.

• Maintaining a stable corporation tax rate.

• Increasing corporation tax annually.

How does Labour plan to support independent retailers on the High Street?

• By offering interest-free loans.

• By increasing business rates.

• By changing the business rate system to make it easier for them to operate.

• By providing free advertising.