Labour pledges VAT cut to help families on low incomes

Shadow chancellor John McDonnell says strong growth will pay for plan and reiterated that 95% of people would face no income tax rises after a Labour victoryLabour will aim to help tens of millions of people who are struggling on lower incomes by cutting the rate of VAT if it wins the general election, the shadow chancellor John McDonnell has told the Observer.The new pledge to use the proceeds of future growth to reduce VAT from its current 20% level came as Theresa May and her senior mini