Has he blown £26bn already?
HE has described his spending plans as ‘modest’. But an analysis of Mr Johnson’s pledges made in recent weeks suggests they could far exceed the £26billion so-called wriggle room said to be available in the public finances:
£1.1billion pledge to recruit an extra 20,000 police officers over the next three years.
£4.6billion for schools in a bid to reduce geographical inequalities in funding.
New Manchester to Leeds rail line at a cost of up to £10billion.
£3.6billion ‘towns fund’ to help 100 ‘left behind’ communities.
£300million for new ‘growth deals’ in Scotland, Wales and Northern Ireland.
Vow to end the social care crisis at a cost of up to £5billion a year.
Promise to install super-fast broadband to every home by 2025, which experts say could cost more than £20billion.
Campaign pledge to raise the starting threshold for paying 40p tax from £50,000 to £80,000 at a cost of £9billion a year.
Promise to raise the starting threshold for National Insurance to the same starting point as income tax would cost £11billion a year.