Both Prime Minister Rishi Sunak's Conservatives and Sir Keir Starmer's Labour Party are maintaining a "conspiracy of silence" on the scale of budget challenges which will face Britain's next government, a leading Think Tank said on Monday.

The non-partisan Institute for Fiscal Studies, its director Paul Johnson said, neither party had made clear how they would implement the £10-20 billion pounds of spending cuts implied by March's annual budget, or if they would raise taxes instead.

Mistake №.1 in your speech Mr Paul Johnson:

I personally very much doubt that IFS is non-partisan, and is more or less connected with the government.

Mistake №.2 in your speech Mr Paul Johnson:

How much you want to put the Labour party in the same basket with Conservatives, you just can't do that. You should state clearly “That Conservatives have not made clear how they will implement £20bn spending cuts”. The only party who knows all the figures is the Conservative party! The Labour party and other parties are just guessing, or they are making assumptions on the basis of what the government (Conservatives) are willing to open and show to others. Therefore, you should state in your speech categorically that Conservative party was not honest and clear at all.

In your speech it was further said a £50bn surge in annual debt interest payments, rising health and defence spending, the cost of cutting greenhouse gas emissions and the effects of an ageing population would be big headwinds for whoever is in power after July 4's election.

Mistake №.3 in your speech Mr Paul Johnson:

You said, "These raw facts are largely ignored by the two main parties in their manifestos." Wrong, yes, they are ignored in the manifesto of Conservative party but not in the Labour’s manifesto for the same reason as written above, that the only party who knows all the figures is Conservative party only.

IFS and Mr Paul Johnson went further with “Unless growth turned out to be unexpectedly strong, the party that formed the next government would either have to raise taxes more than it had said in its manifesto, cut some areas of public spending or allow the national debt to keep rising.

Mistake №.4 in your speech Mr Paul Johnson:

With the support of private investments from UK and abroad growth could be significant what the Labour party clearly stated in the manifesto. There are also funds available from other sources of which nobody is talking about. Why not is a mystery for me that even the Labour party is not mentioning.

Example #1 payments for PIP equipment:

£1.4bn was not collected by Conservatives which was paid under their watch – PM Rishi Sunak (at the time he was Chancellor of Exchequer, and all these payments were given his blessing). 

£1.4bn paid out for PIP which could not be used or was not delivered and all these deals went out by involvement of conservative party members and their supporters.

Example #2 payments out for Furlough Scheme:

Why the Treasury wrote off 4.3bn stolen (till now) from the public purse by fraudsters* during the pandemic.

The correct figure here would be close to £15bn which was given away by the Treasury during the covid when Chancellor of Exchequer was “one and only Rishi Sunak”.

One snap shot about “millions going bananas” – don’t forget Rishi Sunak gave nearly a “blank cheque” - £200m to David Cameron (currently Foreign Secretary) allegedly was £400m. Cameron at the time had lobbied former Chancellor of the Exchequer [currently prime minister] Rishi Sunak in 2020 to change rules in order to allow Greensill to join the Covid Corporate Financing Facility, a government loan scheme that was initiated to support companies during the pandemic-related economic recession, what Rishi did. Make no mistake! Greensill was at the time already in liquidation! Was money recovered? No!

How much David Cameron got out read here APPOINT A CLOWN - EXPECT A CIRCUS ... Part V (mercator.direct)

Did David Cameron return the money he was paid for this “lobbying job”? No!

Why is the government not chasing these fraudsters? 

Why Rishi Sunak cannot answer how much was collected from dodge deals through the Furlough Scheme till today?

Further in the speech of IFS, director Paul Johnson goes on and on with "The 'conspiracy of silence' about all the costs and cuts has been maintained."

Mr Johnson stated that the next government's fiscal leeway was very sensitive to any revisions to the growth outlook by OBR (Britain's Office for Budget Responsibility). A 0.5% point upward revision to the OBR's growth forecast - taking average growth back to where it was before the 2008 financial crisis - would bring another £30 bn of revenue.

But an equivalent downward revision - which the IFS views as more likely as it would bring OBR forecasts more in line with those of other economists - would create a £30bn gap - equivalent to just over 1,000 pounds per household.

Both parties have ruled out raising the rate of all Britain's main taxes, including income tax and value-added tax.

"Taken at face value, Labour's promise of 'no tax increases on working people' rules out essentially all tax rises. There is no tax paid exclusively by those who don't work. Who knows what this pledge is really supposed to mean?" Johnson said.

Mistake №.5 in your speech Mr Paul Johnson:

Mr Johnson, before you are making assumptions and guessing, the answers are just around the corner.

How many Chancellor of Exchequer United Kingdom has in the last 14 years?

The answer is seven (7) >

-   George Osborne (2010-2016)

-   Philip Hammond (2016-2019)

-   Sajid Javid (2019-2020)

-   Rishi Sunak (2020-2022)

-   Nadhim Zahawi (2022)

-   Kwasi Kwarteng (2022)

-   Jeremy Hunt (2022-current)

read more on the following link WHAT IS TORIES LEGACY AFTER BEING 14 YEARS IN POWER (mercator.direct)

Th government and our "top class" Chancellor of Exchequer's has not raised tax thresholds in line with inflation. Just telling you how “good” Rishi Sunak as Chancellor of Exchequer was, not spotting such an important point and to deal with it.

So far Labour's figures are concerned, they are more or less spot on having in mind what figures, data and resources from the government was available to them.

Make no mistake, I can go on and on with the facts to contradict Paul Johnson speech about "Conspiracy Silence" part by part with the facts despite that I have on offer even less data, figures and numbers available as IFS has.

The "Conspiracy Silence" I personally expect to be more "Conspiracy Theory" as I assume that our Chancellor of Exchequer and Treasury is very busy during the general election champagne with fiddling numbers as Rachel Reeves is expected to be next our Chancellor if Labour party win the General Election 2024 and I have no doubt that she will go through all the figures.

What I would also like to happen if Labour win with majority, to change the legislation in respect of lobbying, corruption, gaining profits from the position in the government or Parliament, that people who were and are responsible from eg. Blood affair, HS2,.... to the Post-Master scandal that would be accountable, prosecuted for criminal offences if find to be an criminal offence, given a one way ticket to jail and all their belongings to be confiscated and sold in the name and for the account of people of the United Kingdom!

With such approach the public would be assured that MP's and others involved with the government are people you can trust and believe in. 

fraudsters* According to the data available to me, the majority have direct or indirect links to Conservative party, government (Conservatives) or being somehow connected with the members of the government.