Sajid Javid responds to IFS's claim that Tory spending plans are 'not credible'

The transcript discusses the election funding and detailed costings, highlighting the confidence in their financial plans. It critiques Labour's taxation strategy, emphasizing the IFS's analysis of a credibility gap. The speaker outlines their spending plans, including maintaining corporation tax and investing in public services. They warn of the economic consequences if Jeremy Corbyn were elected. The focus shifts to the election campaign, aiming for Tory gains in the northeast of England.

What is the main focus of the IFS's criticism regarding Labour's financial plans?

• The proposed increase in corporation tax

• The lack of a detailed costings document

• The reduction in public spending

• The credibility gap in Labour's funding strategy

According to the transcript, what is the estimated additional annual tax burden per person under Labour's spending plans?

• £1,200

• £4,800

• £2,400

• £3,600

What is one of the proposed methods to fund public priorities like the NHS and schools?

• Maintaining corporation tax at 19%

• Increasing corporation tax

• Cutting National Insurance

• Reducing VAT

What is the predicted consequence of Jeremy Corbyn leading the government, according to the speaker?

• An increase in public spending

• A crisis by Christmas

• A reduction in taxes

• A boost in economic confidence

What is the speaker's attitude towards opinion polls?

• They are irrelevant except for the election day

• They are manipulated by the media

• They are a reliable indicator of success

• They are crucial for strategy