Tuesday, 31 May 2016

InFacts: Leave pledges to spend money it doesn’t have many times over

InFacts: Leave pledges to spend money it doesn’t have many times over

by David Hannay

"Some Leave leaders have already earmarked the whole of their fictitious £350 million a week to the NHS, leaving nothing for farmers, or for Cornwall, West Wales or Cumbria; and nothing for the Highlands and Islands or Northern Ireland; and nothing too for scientific research and innovation. Others, such as Boris Johnson, have promised to maintain the current level of support for farmers in perpetuity. Yet others, like the Secretary of State for Northern Ireland, have said that that province will not get a penny less than it does now if we leave. Today, the three leaders of Vote Leave – Johnson, Michael Gove and Gisela Stuart – promised in The Sun to scrap VAT on energy bills. This would cost around £1.6 billion, according to the Institute for Fiscal Studies."

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