Smith’s Fantasy Minimum Wage Numbers

owen1

Owen Smith has hit back at Guido’s story from earlier by producing the above graphic claiming his proposed minimum wage would be higher than the Tories’. Unfortunately for Oily this raises more questions than it answers. First, Smith’s team have confirmed their numbers are dependent on him becoming Prime Minister this year. Not sure how he plans to do that unless he is going to launch a coup on Downing Street. Second, he appears to have pulled these fantasy figures out from nowhere. What on earth does “well over £10” mean? Do they not have an actual number? How have these vague figures been costed? How much will that increase the deficit via the public sector wage bill? Guido has asked the Smith campaign and received no answers…




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Quote of the Day

Philip Hammond uses a trip to Berlin to mock the Foreign Secretary:

“A compromise is the art of dividing a cake in such a way that everyone believes he has the biggest piece. Wise words with some applicability to the Brexit negotiations although I try to discourage talk of “cake” amongst my colleagues.”

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