Labour attacks Tory manifesto on lack of detail on costings
Citigroup sees majority win by Conservatives
Conservatives need to double migration to avoid Brexit hit, report warns
Spread betting market halves expectations for Lib Dems' seats
This concludes our election coverage until next week.
3.55pm...Budget deficits of NHS trusts likely to be delayed until after election
The publication of the budget deficits of NHS trusts is likely to be delayed until after the general election due to so-called purdah rules.
Purdah rules refer to the pre-election period where restrictions are imposed on the civil service and seek to ensure that announcements and activities by public bodies do not influence the election.
Purdah also restricts policy and major announcements from Whitehall.
The rules kicked in from midnight on 21 April 2017 for this general election.
Understood that NHS Improvement want to publish trust deficit figures but advised not to by Whitehall officials because of "purdah" rules— Hugh Pym (@BBCHughPym) 19 May 2017
2.46pm...IFS says public sector pay restraints will hurt services
The Conservatives’ restraints on public sector pay increases will save £9.2bn a year but risks hurting services, according to a report from the Institute for Fiscal Studies.
The IFS said without pay increases, the public sector will struggle to recruit and services could suffer.
Labour’s plans to raise pay would require the government to be spending £9.2bn more by 2020-21 than under the Tory plans, with £2.9bn of that going to the NHS. Under the Lib Dems, it would be £5.3bn more, with £1.6bn of that going to the NHS.
“Since 2011, there has been significant pay restraint in the public sector. For a number of years this was achieved without significant recruitment and retention issues, probably because public pay had done so much better than private sector pay during the recession. However, these pressures are emerging now, and could harm the quality of public services.”
2.33pm...Labour will keep winter fuel payments, Corbyn says
Jeremy Corbyn has attacked Tory plans to limit the winter fuel allowance to pensioners.
Speaking in Peterborough, he said Labour will keep winter fuel payments to prevent older people from dying from the cold.
He also claimed the Conservatives’ are underfunding education, reiterating Labour’s plans to scrap tuition fees for students.
1.58pm...Theresa May is not a left-wing Tory, says Jeremy Corbyn
Labour leader Jeremy Corbyn thinks it’s “very strange” that some have described Theresa May as a left-wing Conservative.
He told the Press Association: “It's a very strange description for a Prime Minister who leads a government where six million people earn less than the living wage, where thousands are sleeping on the streets every night, where social care is not available, where our hospitals are under threat. I think what this country needs is a government that cares for all the people."
1.31pm... YouGov poll on nationalisation of industries
Labour voters are more likely than Conservatives to back public ownership of industries and companies, according to YouGov. Labour has pledged to return railways, the Royal Mail and water companies to nationalisation.
1.22pm...PM insists the Tories want to "provite dignity" for old people
Theresa May said she wanted to "provide dignity for people in old age, but ensure fairness across the generations" when asked about funding for dementia patients.
During a Q&A after her speech in Scotland, she was asked: “Why is it fair that an elderly person who gets cancer gets treated for free, and yet someone with dementia has to pay hundreds of thousands of pounds?”
May said the government will quadruple the assets that will be protected.
The Prime Minister was also asked how many seats she would like to win at this election. She said she never liked to predict elections but believes the Conservatives will earn the support of voters.
1.05pm...Theresa May repeats stance against second Scottish referendum
Theresa May has been speaking at the Scottish Conservatives manifesto launch, where she repeated her stance against a second referendum in the nation until after Brexit.
The Prime Minister said: “Only the Conservative and Unionist Party has the strength and credibility to stand up to the Nationalists and defend our United Kingdom".
May added that Jeremy Corbyn is “too weak to stand up for our union” and that he believes a second independence referendum would be “absolutely fine”.
“I have been clear that now is not the time for another independence referendum. This is a time to pull together, not apart,” she said.
12.39pm...Conservatives refuse to clarify Labour's winter fuel allowance claims
The Conservatives have declined to respond directly to Labour’s claims that 10mln pensioners will lose winter fuel allowance under their plans.
Shadow Chancellor John McDonnell asked the party to clarify whether that figure was correct during a Labour press conference earlier.
A Conservative spokesman said: “Every generation would pay the price if Jeremy Corbyn is put in charge of our economy and Brexit negotiations.
“Our long-term plan for elderly care will make the system fairer, better funded and more sustainable – helping to ensure elderly people receive the dignified and high quality care they deserve.”
10 million pensioners have woken up today to find out they could lose their winter fuel allowance. The nasty party are back. pic.twitter.com/Olz8Hbj5kB— John McDonnell (@johnmcdonnellMP) 19 May 2017
11.47am...Lib Dems to struggle in election, according to spread betting market
The Liberal Democrats are expected to win between 13 and 15 seats, according to spread betting markets, more than halve the amount previously anticipated.
Financial Spreads said: “The Liberal Democrats are not having a good UK election campaign and this is borne out in the spread betting markets. “
“Tim Farron's party only have 9 seats in Parliament and, when the election was announced, they were expected to do well on the back of both the Labour party collapse and being the only 'Remain' party. “
On 25 April the bets for the number of Lib Dems seats was 29 – 31 but after yesterday’s TV debate this has plunged.
The Conservatives are expected to win between 392.5 - 396.5 seats despite mixed reviews on the manifesto.
Labour had a poor showing at local election on 5 May with spread betters expecting 152-156 seats at the general election. Jeremy Corbyn's party has bounced back to 170 - 174.
The UKIP seats market at 0.02 - 0.3 remains unchanged .
10.56am...Pensioners "kicked in the teeth" by Tories, says Shadow business secretary
Shadow business secretary, Rebecca Long-Bailey, has blasted the Conservatives over their plans to scrap the triple lock on pensions.
Speaking at a Labour conference about the Tory manifesto, Long-Bailey said if the double lock had been in place since 2010, rather than the triple lock, pensioners would have lost £300 a year.
She said Labour would keep the triple lock if elected.
Long-Bailey said pensioners “must feel like they have been kicked in the teeth” by the Conservative manifesto.
09.27am...Former Chancellor agrees with lack of detail on costings in Tory manifesto
Former Chancellor Ken Clarke has saluted the Conservatives’ decision to leave out details on costings their manifesto.
He told the Today programme he agrees with leaving out figures because it would otherwise make the party “hostages to fortune”.
"Ever since that crazy manifesto that somebody put out of Conservative headquarters last time, we appear now to have a debate that all the budgets for the next four years and every public policy you want should be constrained in detail in what I think you will agree is the rather mad atmosphere of a national election campaign,” Clarke said.
Clarke is also reminded of his “blood difficult woman” remarks about Theresa May, which she has quoted several times.
"She's used it to her advantage many times," Clarke said, adding that he had said "I've always got on all right with her" and that he voted for her as Tory leader.
“She's not Margaret Thatcher, she is a very mainstream Conservative. She's never been on the hard right - she's probably not quite as 'one nation' as I am. What she's got is intelligent, common sense and boy is she going to need it."
09.07am...Tories should win by a large majority, says Citigroup
Theresa May’s decision to call a snap general election should pay off, according to Citigroup.
The bank expects the Conservatives will win a large majority when voters head to the polls on 8 June. Citi has looked at three different possible outcomes and its impact on the UK economy.
“Base case: Conservatives win 3-digit majority – Lower risk of chaotic Brexit but also lower chance of the UK staying in the single market. Largely priced into sterling, gilts and UK equities already,” Citi said.
“Scenario 2: Small Tory majority = status quo – Same Brexit path and outcome, but bigger risks around it. Negotiation failure or long-term Single Market membership both possible. Sterling lower, gilts unchanged, equities small up.
“Scenario 3: Labour wins – Very unexpected. May lead to softer Brexit. Referendum reversal less-but-still unlikely. ‘Corbynomics’ could raise government spending, taxes, debt, and inflation. Sterling much lower first, up later; higher gilt yields; equities down.”
08.48am...Shadow Chancellor criticises Tory manifesto for lack of costings...
Shadow Chancellor John McDonnell has criticised the Conservatives’ for its lack of detail on costings in their manifesto.
He told the BBC Radio 4’s Today programme said the Tories have laid out 60 uncosted commitments.
“Labour has been criticised in the past for not doing that. This week I did that.”
He also said taxes were likely to rise under the Conservatives, citing the means testing of annual winter fuel allowance. The Winter Fuel Payment is a pensioner benefit which gives people up to £300 a year tax-free to help pay heating bills.The Tories plan to withdraw eligibility for the Winter Fuel Payment from pensioners who pay tax at the higher rate of 40%.
“That means 10 million pensioners are waking up this morning to news they could lose their winter fuel allowance,” McDonnell said.
“They want to raise a significant sum...People on pensioner credits are some of the poorest in our society.”
08.30am... Migration needed to avoid economic hit from Brexit, report warns
The Conservatives need to double their migration target to 200,000 people a year to avoid “catastrophic economic consequences” linked to Brexit, a report from think tank Global Future has claimed.
The reported said migration is needed to address the UK’s low productivity, ageing population and shortage of labour in the NHS and other key areas.
It warned that the UK faces a decade of slow growth similar to that of the Japanese economy if it refuses to be flexible about the number of people entering the country for work. The report also attacked the Labour and the Conservative parties not being honest with the public about the level of migration the UK needs.
The Conservatives vowed to limit net migration to tens of thousands in their manifesto yesterday.