A claim made by Rachel Reeves that the Tory manifesto would increase mortgages by over £4,000 is “very speculative” and based on “multiple assumptions”, a leading charity has said.
Full Fact, which assesses claims made by politicians for their accuracy, said it was “unclear” how Labour had come to their conclusions about Rishi Sunak’s manifesto “commitments” and how they might impact people’s mortgages.
The shadow chancellor used a press conference after the Conservative manifesto launch to criticise the prime minister’s plans.
She argued that although Mr Sunak had claimed to be “the antidote” to Liz Truss, he was instead “cosplaying Liz Truss by again doing what the Conservatives did in that mini-budget with £71bn of unfunded commitments”.
She went on: “They know the numbers don’t add up. The money is not there and it will mean £4,800 more on your mortgage.
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“You will see something very different when we publish our manifesto on Thursday – a fully costed, fully funded, credible plan.”
The shadow chancellor’s claim came after she accused the prime minister of “lying” for suggesting that Labour’s tax plans would cost families £2,000 – a figure that has been called into question by experts and the Treasury’s chief civil servant, who said the Conservative assessment “should not be presented as having been produced by the civil service”.
A spokesperson for Full Fact told Sky News: “We are working on a full fact check of Labour’s £4,800 mortgage figure (and the underlying claim about the Conservatives having £71bn of ‘unfunded…
