McDonnell defends Labour spending pledgespublished at 07:34 Greenwich Mean Time 22 November 2019
BBC Breakfast
Labour launched its manifesto yesterday, including huge investment paid for by tax increases on higher earners and reversing tax cuts on corporations.
Speaking to BBC Breakfast, shadow chancellor John McDonnell denies suggestions from the Institute for Fiscal Studies that such changes would also affect individuals.
He tells the programme there is "no evidence" to support claims higher taxes on businesses would result in lower wages.
Mr McDonnell says the range of policies Labour is putting forward, including strengthening trade union rights and having worker representation on company boards, would protect wages from cuts.