Liberal Democrat Shadow Chancellor Ed Davey has called on both the Labour and Conservative party’s to submit their election manifestos to the Office for Budget Responsibility to be independently costed following their battle to ‘splash the cash’.

This afternoon, he said:

"The cash commitments that are being thrown around by the two old parties need to be subject to proper scrutiny.

"These flush figures are a knee-jerk reaction fuelled by fantasy Brexit-economics, failing to acknowledge the drain on our resources that Brexit has, and will continue to be on our public services. 

"Manifestos need to be independently assessed and costed by the Office for Budget Responsibility, so that the public can be confident that flagship policies can be delivered.

"The Liberal Democrats are committed to building a brighter future, and are more than prepared to submit our manifesto to the OBR, are Labour and the Tories?"

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