Corbyn: Our spending plans are 'not complete'
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Corbyn: Our spending plans are 'not complete'

Jeremy Corbyn has been challenged over suggestions that he would spend £60bn more than the Conservatives by 2020.

The Labour leader told Radio 4's Today he did not recognise the £60bn figure, despite shadow business secretary Rebecca Long-Bailey saying she broadly accepted the figure on Sunday.

Mr Corbyn said his party would look to "reverse the corporation tax cut". He said that a calculation using Office for Budget Responsibility (OBR) figures showed that by 2022, £70bn will have been given to corporations and the very wealthy by a series of Conservative tax cuts.

  • 13 Mar 2017
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