Labour manifesto vision: More spending, more tax, more borrowing

Laura Kuenssberg
Political editor
@bbclaurakon Twitter

Media caption, Corbyn asked about manifesto pledges

I've said it before and I'll say it again.

This is not an election where voters can say, with justification, "they are all the same".

The just-launched Labour manifesto shows, in black and white, why that is simply not the case.

The party is including £48.6bn of extra tax rises, and the same in extra spending commitments.

In the coming hours, the details will be pored over at length; they matter enormously.

But the big picture is clear.

Jeremy Corbyn is taking the Labour Party in this election to a very different place - away from the recent consensus that the UK should be moving to lower borrowing, and lower taxation.

The manifesto spells out a vision, for good or for ill, of more spending, more tax, and more borrowing.

And in a big way.

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