UK 2017 General Election - Conservatives May and Hammond economic press conference

The transcript discusses the potential economic chaos that could ensue if Labour's policies were implemented. It highlights the negative impacts on households, including higher taxes, increased mortgage bills, and higher unemployment. The long-term effects include more borrowing, a growing deficit, and financial uncertainty for future generations.

What does the phrase 'Peace of Mind and security' refer to in the context of employment?

What does the text suggest about the long-term financial implications of Labour's policies?