From Sky News’s Boulton & Co blog:
Under the heading “Third party experts back our position”, one [Tory party press] release quoted Richard Lambert, head of the CBI saying “the sums mentioned by Mr Osborne may be small for these people.”
When I contacted the CBI, they were rather surprised to find Lambert had been enlisted as a supporter…. He actually has a much more nuanced position than the press release implied, basically saying Osborne’s policy might work but might not… He neither endorses nor criticises the policy.
So at the prompting of the CBI, I expect a fresh, “modified” press release to be issued by the Conservatives. Embarrassing…..
Not like the Tory party to muck up a press release, though, is it…?
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And now Stephanie Flanders on Newsnight has just demolished Tory cliams that 37% of households stand to benefit from the inheritance tax proposals: a claim that in her words is simply “wrong”. This really is unwinding very quickly…
Since only about 9% of estates attract Inheritance Tax at the moment, the Tories claims are patently absurd.