Jeremy Hunt unveiled the spring budget yesterday
Labour's Shadow Chief Secretary to the Treasury has refused to rule out tax rises if the party wins the General Election, following the scrapping of the non-dom tax regime in yesterday’s Spring Budget.
Asked if the move would mean Labour would have to hike taxes, James Murray told GB News: “The responsible thing to do is to step back, review what's happened, and adapt our policies of how we will pay for the plans that we've set out.
“That's the responsible thing to do. We'll set it out in our own time and going into the election, all of our policies will be clearly set out, fully funded and fully costed, so people can trust in them.”
He added: “We will tell people in the manifesto. We will set out in the manifesto. Everything that we promise in the manifesto will be fully funded and fully costed.
“Yesterday, we had the most almighty U-turn from the government. The responsible thing for us to do is to take a step back, review what's happened, look at the detail of what the Government had proposed, adapt how we will pay for our policies accordingly, and then set out our policy in our own time, but that will be there going into the General Election.”
In a discussion with Ellie Costello and Ben Leo, he was asked why the party should be trusted, when it has recently ditched its £28 billion commitment to green energy.
He said: “What we set out in terms of our plans going forward for that is about being trusted. It's about being honest with people, it's about saying to people, look, the figure of £28 billion that we spoke about a few years ago is something we set out before Liz Truss, before so much damage had been caused to the economy.
“What we're setting out going into the General Election is a set of figures, a plan to implement that in government that people can fully trust and that's what's really important because we need to be honest with people and say we're going to inherit a complete mess in terms of the economy if we win the General Election, we need to make sure that we're straight with people about what we can and can't do.”
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