Labour leader Sir Keir Starmer is under fire after economists raised concerns over a potential £50bn financial shortfall in the party's fiscal plans. The revelation comes as Prime Minister Rishi Sunak refuses to dismiss the possibility of tax hikes in the upcoming Budget.
Economic Storm Clouds Gather
Independent analysts have cast doubt on Labour's spending proposals, suggesting the opposition party may face a staggering £50bn funding gap. The figures have ignited a fresh political row just months before the next general election.
Sunak's Tax Dilemma
Downing Street has declined to rule out tax increases, with Treasury officials reportedly examining various revenue-raising options. The Prime Minister faces mounting pressure to address both public service funding and voter concerns about the cost of living crisis.
Starmer's Credibility Challenge
The Labour leader must now convince voters his party can deliver on its promises without resorting to austerity measures or excessive borrowing. Shadow Chancellor Rachel Reeves has insisted Labour's plans are fully costed, but critics argue the numbers don't add up.
With both major parties facing tough economic choices, the battle over fiscal responsibility looks set to dominate the political agenda in the coming weeks.
