Nigel Farage’s Reform UK Party has moved to within one point of the Tories, according to a bombshell new poll. The YouGov survey, published after Rishi Sunak launched the Tory party manifesto, had Mr Farage’s rightwing outfit on 17 per cent – up 1 point from last week. The Tories were on 18 per cent – down 1 point while Labour was down three but still retained a 20-point lead over Rishi Sunak’s Tories, the poll, carried out between 10 and 11 June, said. Earlier, Rachel Reeves claimed that tax cuts outlined in the Conservative Party manifesto would lead to a second “mortgage bombshell.” Speaking at a central London press conference responding to the Tory manifesto, Labour’s shadow chancellor said: “The analysis that we have conducted since publication has identified £71 billion of unfunded commitments over the course of the next parliament. The consequence of an increase in day-to-day borrowing to fund the commitments made in this manifesto would amount to a second Tory mortgage bombshell, because higher borrowing at this scale would force the Bank of England to increase interest rates. The result would be an increase in the average mortgage totalling £4,800 over the course of the parliament.”
General election live: Reform one point behind Tories after Rishi Sunak’s Conservative manifesto launch, says YouGov poll
From national insurance to migration: Key takeaways from Conservatives general election manifesto
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Nigel Farage’s Reform UK Party has moved to within one point of the Tories, according to a bombshell new poll.
The YouGov survey, published after Rishi Sunak launched the Tory party manifesto, had Mr Farage’s rightwing outfit on 17 per cent – up 1 point from last week.
The Tories were on 18 per cent – down 1 point while Labour was down three but still retained a 20-point lead over Rishi Sunak’s Tories, the poll, carried out between 10 and 11 June, said.
Earlier, Rachel Reeves claimed that tax cuts outlined in the Conservative Party manifesto would lead to a second “mortgage bombshell”.
Speaking at a central London press conference responding to the Tory manifesto, Labour’s shadow chancellor said: “The analysis that we have conducted since publication has identified £71 billion of unfunded commitments over the course of the next parliament.
“The consequence of an increase in day-to-day borrowing to fund the commitments made in this manifesto would amount to a second Tory mortgage bombshell, because higher borrowing at this scale would force the Bank of England to increase interest rates.
“The result would be an increase in the average mortgage totalling £4,800 over the course of the parliament.”
Key Points
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What is in the Conservative manifesto?
In case you’ve missed the ride at Silverstone, here are some of the key pledges from the Tory manifesto.
The 76-page booklet contains 17 promises to tackle various issues like economic growth, welfare system, crime, net zero, food security and migration.
Another 2p off employee national insurance by April 2027.Scrap the rate of self-employed national insurance entirely by the end of Parliament.Introduce a “triple lock plus” for pensioners in a bid to ensure that state pension doesn’t get dragged into income tax.Create 100,000 apprenticeships for young people funded by axing “poor quality” university degrees.Increase defence spending by 2.5% of GDP by 2030.Implement a legal cap on migration by restricting the number of work and family visas issued.Set out a regular number of flights off to Rwanda every month starting in July.Hike NHS spending above inflation every year and recruit more nurses and doctors.Abolish stamp duty for homes up to £425,000 for first-time buyers and introduce a new Help to Buy scheme.(REUTERS)
Salma Ouaguira11 June 2024 20:00
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Exclusive: Justice secretary’s fight to protect the ECHR in Sunak’s Tory manifesto
Salma Ouaguira11 June 2024 19:00
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Salma Ouaguira11 June 2024 18:00
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There will be no return to austerity under Labour – Reeves
There will be no return to austerity under a Labour government, Rachel Reeves has insisted.
Labour’s shadow chancellor told journalists: “There will be no return to austerity with a Labour government.
“It’s why we’ve set out the immediate injection of cash into our frontline public services. It’s why we will finally close those non-dom tax loopholes and crack down on tax avoidance, but unlike the Conservatives, putting the money into HMRC so we can actually crack down on the tax avoidance.
“It’s why there will be VAT and business rates on private schools, to put that money into the 6,500 additional teachers.
“It’s why we’ll extend the windfall tax on the big profits the energy companies are making and plough that money into GB Energy and the national wealth fund.”
Shadow chancellor Rachel Reeves said to consequences of the Tories’ manifesto would include a new mortgages bombshell (Lucy North/PA) (PA Wire)
Matt Mathers11 June 2024 17:55
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Breaking: Nigel Farage’s Reform just a point behind Tories new poll released after Rishi Sunak’s manifesto launch shows
The survey, by YouGov, puts Labour on 38 per cent , the Tories on 18, Reform 17, Lib Dems 15 and Greens 8.
More to follow on this breaking news story:
Matt Mathers11 June 2024 17:21
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Our plans don’t require tax rises – Reeves
Reeves insists that there will be nothing in her party’s manifesto that requires tax rises
Taking questions from the media, the shadow chancellor was asked why Starmer has refused to rule out additional levies on capital gains and sugar and salt taxes.
She says none of her plans require additional tax rises and repeats that she will not cut taxes until it is affordable.
Matt Mathers11 June 2024 17:08
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We’ll provide stability, says Reeves
She adds that the election is a choice between five more years of “chaos” and a Labour Party that will provide “stability”.
Reeves adds that her party has changed under leader Sir Keir Starmer.
Matt Mathers11 June 2024 17:03
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Labour will offer a ‘credible, responsible alternative’
Reeves says over the next three weeks she and her colleagues will work to “expose the damage” the Tories have caused to the economy.
She says her party will offer a “credible, responsible” alternative to voters at the general election on 4 July.
Matt Mathers11 June 2024 17:01
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Cleverly condemns attack on Farage
Home Secretary James Cleverly has condemned the attack on Nigel Farage.
He said: “There must be no place for violence and intimidation in our politics and these actions should be condemned by everyone.
“Thanks to the police for their quick action to detain the suspect.”
Salma Ouaguira11 June 2024 17:00
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No tax rises under Labour – Reeves
Reeves insists that her party’s manifesto, to be published on Thursday, will be fully costed.
“I will not raise taxes on working people,” she says.
There will be no hikes in income tax, national insurance or VAT for the duration of the next parliament, she adds.
Matt Mathers11 June 2024 16:58
1/1General election – live: Reform one point behind Tories in polls
General election – live: Reform one point behind Tories in polls
Rishi Sunak launches the Conservative manifesto at Silverstone (James Manning/PA)
PA Wire
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https://www.independent.co.uk/news/uk/politics/general-election-2024-manifesto-conservative-sunak-tax-b2560676.html