The Conservatives are set to unveil their election manifesto, promising an additional 2p reduction in National Insurance if they secure re-election.
Prime Minister Rishi Sunak emphasized the party’s commitment to fiscal responsibility, dubbing the Tories as the advocates of “sound money.” He pledged that another Tory government would empower working individuals to retain more of their earnings.
In contrast, Sunak criticized Labour, alleging that the opposition’s approach would follow typical socialist tendencies of increasing taxation.
Labour, in response, characterized the Conservative proposals as “the most expensive panic attack in history.”
This unveiling marks the second major party manifesto release, following the Liberal Democrats earlier in the week. Subsequent manifesto launches are anticipated from the Green Party and Labour later this week.