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Tory Chancellor ‘Spreadsheet Phil’ Hammond went on BBC Radio 4 this morning to attack the figures in the Labour party manifesto, but ended up getting his own figures in a muddle.

spreadsheet-phil-skewered-daily-mirror-17may2017

The Mirror

[Tory Philip Hammond skewered in BBC interview as he gets his figures in a major muddle, Mikey Smith, The Mirror, 2017-05-17]

Mr Hammond claims there’s a £58 billion hole in Labour’s funding – but didn’t appear to know the true cost of HS2 – the major rail project linking London with Leeds, Birmingham and the East Midlands.

Asked for the cost of the major project by the BBC’s John Humphrys, Hammond said: “About £32 billion.”

Humphrys said: “£32 billion? Not £52 billion?”

A flustered Hammond replied: “Er it’s…over…I mean…there’s a huge amount of contingency built in to the budgeting for these projects.”

“And they’re usually met, these contingencies, aren’t they?” Humphrys shot back.

“These things almost always cost more than we expect.”

The Mirror seems to have been the only newspaper to have reported on Mr Hammond’s inexactitude – in contrast to ‘wall-to-wall’ coverage afforded to gaffes by the Green party’s Natalie Bennett and Labour’s Diane Abbott.

'Theresa May numbers gaffe', the Independent, 17 May 2017

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Written by beleben

May 17, 2017 at 5:22 pm

Posted in HS2, Politics

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