Claim: Labour's unfunded spending commitments would leave a £90 billion "black hole" in public finances.
Fact-check: Conservatives' estimate that Labour plans would create a '£90 billion black hole' is unreliable - Full Fact
Verdict: this is the conservatives' calculation of the total net cost of 21 policies announced by labour since 2021. but it's not a reliable estimate of what a labour government would actually mean for public finances—the calculation uses a mix of annual and one-off costings, it's unclear if labour still plans to implement all the policies, and some costings appear to be out of date.
Organisation: Full Fact
Author: Hannah Smith
Date published: 2023-03-03T00:00:00