Tax and spend pledges show neither Johnson nor Hunt can be trusted with our money

Johnson and Hunt: I wanted to use the image someone mocked up of them as ‘Dumb and Dumber’ but I couldn’t find it.

Has the Tory leadership election degenerated into a contest about who can lie the most blatantly and get away with it?

If their tax-and-spend pledges are any yardstick, it has.

Jeremy Hunt wants to spend £20 billion from Brexit “war chest” that will only exist if the UK manages an exit deal with the EU – and that would only be available for a year. That’s not enough for permanent changes.

And Boris Johnson promised public sector pay rises that were coming anyway as the years-long Tory-imposed pay freeze finally comes to an end.

According to Paul Johnson of the Institute for Fiscal Studies, both candidates were really saying that they are willing to borrow more money.

This means they are happy to continue racking up the highest national debt in the UK’s history – something for which the Conservatives used to blame Labour at every opportunity.

Labour, meanwhile, is having a great time mocking both candidates’ “reckless spending commitments”.

Jeremy Corbyn’s party went to great lengths to disprove claims that its own spending plans were unfunded during the 2017 election campaign, when Theresa May proved unable to do the same.

Now it seems both Mr Johnson and Mr Hunt are unable to do their maths.

Boris Johnson and Jeremy Hunt have been accused of misleading the public with “extraordinary” tax-and-spending pledges, as leading economists and senior Tories unite in criticism.

The two Tory leadership candidates came under fire after Mr Hunt unveiled a no-deal Brexit spending splurge worth almost £20bn – while a Johnson ally promised big public sector pay rises if the favourite wins.

The spending race provoked alarm from Conservatives, including Philip Hammond, the chancellor, and the former leadership contender Rory Stewart, who warned that such promises would make it impossible to attack Jeremy Corbyn for his “unfunded” pledges.

The head of the respected Institute for Fiscal Studies (IFS) went further, saying the two candidates were misleading voters in claiming they could dip into a £27bn “war chest”.

Paul Johnson pointed out it was a figure for one year only, so could not be used for permanent tax-and-spending changes – and it would not be available at all if the UK crashes out of the EU.

“There have been some extraordinary pledges – they add up into the tens of billions of pounds,” the IFS director said.

“They claim, somehow, that these will be paid for from this so-called Brexit war chest. Well, they are not going to be.

“First, that is only available in the event of no deal not happening. And, in any case, what they are just saying is they are willing to borrow more.”

Mr Hunt, as he set a new deadline of 30 September for a no deal becoming inevitable, pledged £6bn to compensate some industries from tariffs – claiming £1 trillion had been spent to bail out the banks.

But Mr Johnson said: “It is simply not true that, in any real sense, we spent £1 trillion bailing out the banks in the same way that he’s referring to potentially finding £6bn for the farmers and fishermen.”

And, on public-sector pay, he pointed out the freeze was over anyway – arguing the cash now being spent would be in jeopardy from a no-deal Brexit because “the economy will grow less quickly”.

Source: Boris Johnson and Jeremy Hunt accused of duping the public with ‘extraordinary’ tax-and-spending pledges | The Independent

Have YOU donated to my crowdfunding appeal, raising funds to fight false libel claims by TV celebrities who should know better? These court cases cost a lot of money so every penny will help ensure that wealth doesn’t beat justice.

Vox Political needs your help!
If you want to support this site
but don’t want to give your money to advertisers)
you can make a one-off donation here:

Donate Button with Credit Cards

Here are four ways to be sure you’re among the first to know what’s going on.

1) Register with us by clicking on ‘Subscribe’ (in the left margin). You can then receive notifications of every new article that is posted here.

2) Follow VP on Twitter @VoxPolitical

3) Like the Facebook page at

Join the Vox Political Facebook page.

4) You could even make Vox Political your homepage at

And do share with your family and friends – so they don’t miss out!

If you have appreciated this article, don’t forget to share it using the buttons at the bottom of this page. Politics is about everybody – so let’s try to get everybody involved!

Buy Vox Political books so we can continue
fighting for the facts.

The Livingstone Presumption is now available
in either print or eBook format here:

HWG PrintHWG eBook

Health Warning: Government! is now available
in either print or eBook format here:

HWG PrintHWG eBook

The first collection, Strong Words and Hard Times,
is still available in either print or eBook format here:


4 thoughts on “Tax and spend pledges show neither Johnson nor Hunt can be trusted with our money

  1. Gary

    But politicians are ALLOWED TO LIE. See the case against Johnson about his £350m claim and the case against Alistair Carmichael about his lies in a GE (he ‘leaked’ a fabrication, lied about it being true then lied about leaking it) Both cases had ZERO consequences even when it was demonstrably shown both had knowingly lied..

    I think the ONLY exception is about telling a lie about a candidate in an election?? Maybe not even then, who knows…

  2. Dave Rowlands

    They are conservatives, they can’t be trusted with anything except themselves and their mates that fund them.

Comments are closed.