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Miliband dismisses Conservative spending claims

Ed Miliband has strongly denied Conservative claims that Labour has made £20.7 billion in "unfunded" spending commitments.

The Conservatives today published an 82-page document outlining what the party claims is a cost analysis of Labour's planned spending in the first year of office.

The parties have kicked into full election mode with Miliband launching a "street by street" election campaign, Nick Clegg distancing himself from the coalition and branding Tory deficit plans "a con" and David Cameron claiming his is the only party who can save the economy.

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Ed Balls: Tories' 'dodgy dossier' is riddled with errors

A Conservative document accusing Labour of making £20.7 billion worth of unfunded spending commitments is a "dodgy Tory dossier" that is "riddled with untruths and errors on every page", shadow chancellor Ed Balls has said.

It isn't an impartial exercise but a political smear based on false assumptions made by Tory advisers, including dozens of claims which are not even Labour’s policies.

Labour has made no unfunded spending or tax commitments. In contrast the Tories have made over £7 billion a year of unfunded tax promises. George Osborne failed to explain today how they would be paid for.

Will it be another VAT rise, even deeper cuts to public services or both? As the IFS said Labour has the most cautious approach of all the parties and has promised no net giveaways.

– Shadow chancellor Ed Balls
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Miliband dismisses Conservative spending claims

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