Election campaign finances are a “dark cloud,” according to IFS

In the upcoming weeks, all parties will be presenting measures they claim would benefit voters.

However, as the IFS and the majority of economists have reached similar conclusions, these promises will be made against a background of limited public finances, which could lead to difficult decisions that eventually affect voters’ fortunes.

In response to the IFS’s conclusions, Darren Jones, the Treasury’s shadow chief secretary, stated that the Labour party was realistic about the magnitude of the struggle it may encounter.

“Only if we win the election will the nation witness the entire scope of the struggle. “We are committed to providing an instant financial boost to our public services and will subsequently commence efforts to transform the nation,” he declared.

Election campaign finances are a "dark cloud," according to IFS
Election campaign finances are a “dark cloud,” according to IFS

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