IFS director: Labour's proposals are 'misleading'

Jeremy Corbyn has vowed to take on the "rich and powerful" as he set out his plan to transform Britain with the most "ambitious and radical" programme of reform in decades.

Labour's General Election manifesto pledged to invest in public services, take action to tackle climate change and return key utilities to public ownership.

It would see day-to-day government spending rise by £83 billion by 2024 - paid for by tax increases for business and the better off - with investment of £400 billion over the course of the next decade.

Julia Hartley-Brewer speaks with Paul Johnson, director of the Institute for Fiscal Studies, who has looked at the numbers.

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