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General election 2024 live: Rishi Sunak and Keir Starmer in first weekend of campaign - BBC News General election 2024 live: Rishi Sunak and Keir Starmer in first weekend of campaign - BBC News
(32 minutes later)
While Labour leader Sir Keir Starmer hit the campaign trail in the West Midlands, his shadow chancellor was back in London and was saying Labour has "no plans" to increase income tax or national insurance if she is installed in the Treasury after the election.
Let's take you down to the south now, where Liberal Democrat leader Sir Ed Davey is on a campaign visit to Chichester, one of the coastal cities in West Sussex that his party is hoping to win in the region. Rachel Reeves was asked about the party's economic plans during a visit to an Iceland shop, where she chatted to staff about the changes they have seen among customers due to the cost of living.
During his visit, he was asked about the significance of Michael Gove stepping down ahead of the general election. He says it was a sign that the “Conservatives are giving up” and that they were in a “mess”. Asked about inflation, Reeves has said the Conservatives had left the economy "exposed" to energy price inflation because of a lack of "resilience" in the economy on their watch.
“The Conservatives have governed the country so badly,” he adds, saying “we are much more ambitious than some of the other parties” and that politics in the country is “broken” and “needs to be changed”. Her comments came after the Institute for Fiscal Studies - an economics think tank - warned the state of the public finances is hanging over the election campaign "like a dark cloud" and called for an "open and robust" conversation about pressures on spending and taxation.
Reeves said all of the commitments made by Labour so far are fully costed and wouldn't require extra borrowing or tax rises across the board.
She said she "wants taxes on working people to be lower" but would not make "promises about taxes I can't keep".
"I'm under no illusion about the scale of the challenge I will inherit if I become chancellor", she added.
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