General election 2019: Tory and Labour spending plans ‘not credible’ – IFS

General election 2019: Tory and Labour spending plans ‘not credible’ – IFS

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Media captionParties react to IFS analysis of manifesto spending plans

Neither the Conservatives nor Labour are offering “credible” spending plans ahead of the general election, an influential research group has said.

The Institute for Fiscal Studies (IFS) said it was “highly likely” the Tories would end up spending more than their manifesto pledges.

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