Foreign aid spending up, taxes could rise and pensions under threat if Conservatives win election : The Telegraph

Theresa May

Foreign aid spending and taxes could increase and pensions hit if the Conservative party wins the general election, under plans announced today.

The commitments were set out in a series of public statements by Theresa May, the Prime Minister, and her Chancellor Philip Hammond on Friday and will infuriate grassroots Conservatives.

Mrs May committed to spending 0.7 per cent of GDP on foreign aid despite opposition from Cabinet ministers and senior Tory MPs.

The Prime Minister said at an campaigning event in her Maidenhead constituency that the commitment “remains and will remain”.

Mrs May said: “Let’s be clear. The 0.7 per cent commitment remains and will remain.

“What we need to do though is to look at how that money is spent and make sure that we are able to spend that money in the most effective way.

“I’m very proud of the record that we have of the children around the world who are being educated as a result of what the British government, the British taxpayer is doing in terms of its international aid.”

Mrs May was asked if the Conservatives will commit to the triple lock on pensions.

Mrs May said: “What I would say to pensioners is just look what the Conservatives in government have done.

“Pensioners today £1,250 a year better off as a result of action that has been taken.

“We were very clear about the need to ensure that we support people in their old age and that’s exactly what we have done.”

Meanwhile, Mr Hammond has hinted that the Conservatives will not repeat promises made in 2015 not to increase tax.

The Chancellor told the IMF spring meeting in Washington that pledges not to increase income tax, national insurance and VAT “do constrain the ability of the government to manage the economy flexibly”.

When asked repeatedly whether the Tories will reaffirm their 2015 tax promises he said the pledges “will be different”.

READ MORE : THE TELEGRAPH

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1 Comment

  1. She couldn’t make it any plainer than the fact that if she wins, she will abandon pensioners, let’s hope they wake up soon, and see the Tories for what they really are.

    On a brighter note, 100,000 18-24 yr old have registeted to vote since the GE election. I hope they dont waste it by voting Lib Dem

    Liked by 2 people

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