Keir Starmer accepts £55bn ‘black hole’ calculation

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Labour says it will use the same analysis of the public finances as the Conservatives to set future policy. …

This matters, because it limits Labour’s room for manoeuvre over spending more on, for example, public sector pay, without taxing more. It raises questions about just how much Labour would be able to diverge from the Hunt/ Sunak plan, if it were to form the next government.

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