Money, money, money, money, must be funny in the richmond's wealth.

$22 billion.

Whichever politician takes up post in the Treasury as Chancellor in the wake of this election

has a plan to spend more money than previously seen under the

recent government. I'm Katie Falls and I'm joined by James Forsyfe and Robert Colville from the CPS to

discuss the latest financial pledges made by John McDonnell and Sajad Javid. So James, this week,

we've heard from the current Chancellor of Sajad Javid and also the shadow

Chancellor John McDonough and what they plan for their economy if their party succeeds in this election.

Now, there were clear differences, but the general headlines have been the fact that both of

them appearing as big spenders. Can you explain what both parties are pledging here? So you are, you are right that

both parties are pledging to borrow more money, to spend more money. They are, they are,

the fiscal restraint of the last nine years is, is well and truly gone. I mean, there is a

difference in scale. The Tories are planning

up to kind of 20 billion pounds of extra spending on infrastructure a year. And that is a lot

of money in anyone's book, but it is kind of within the kind of orbit of things that we have

seen and Western governments do. Labour are talking about spending 55 billion pounds.

That is, I mean, at some point with billions, you begin to kind of lose track of it.

But that is, you know, 10 billion here, 10 billion there, and you're soon talking about serious money.

And I mean, there are genuine questions about whether you could even spend that amount of money a year extra if you wanted to.

I think you certainly couldn't spend that amount of money extra a year in any kind of productive way.

And I think the kind of question for the Tories is whether they can explain the difference between their increase in spending, which is considerable, but you could,

I don't think it is going to cause market fright and labour spending, which is, which is so

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