Just seconds after claiming Labour’s “enormous discipline” means its spending commitments “have all been costed“, Shadow Attorney General Emily Thornberry forgot what her party’s tax policies actually are. Appearing on Politics Live this afternoon alongside Tory MP Kevin Hollinrake, Thornberry insisted Labour “don’t make an announcement without being able to show where the money comes from” – only to then admit she “can’t remember” where they’ll find £22 billion for small businesses…
Thornberry: “The idea is that we redistribute taxation from the larger businesses to the smaller businesses, so what we’re going to do, we’re going to stick with the taxes for the larger companies…”
Hollinrake: “Which taxes?”
Thornberry: “… I can’t remember exactly which ones it is now. I think it’s the highest… higher business taxes, and so businesses of a certain size will continue to be able to pay that higher amount, and that money will be transferred to smaller businesses…”
She then claimed Hollinrake “really needed to pay more attention“. Apparently Labour are committing to higher businesses taxes now. Does Rachel Reeves know about this, or does she need to pay more attention as well?