George Osborne: Labour's spending plans 'unfunded'

Senior Conservative cabinet ministers have published what they called a "cost analysis" of Labour policy, based on comments by shadow ministers.

Labour leader Ed Miliband said that the Conservative claims of £20.7bn in unfunded spending pledges by his party are "completely false".

But Chancellor George Osborne said the document was based on "perfectly reasonable assumptions" and that the evidence showed that Labour are "a risk to economic recovery".

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UK Politics