SAJID Javid has warned Brits they will pay the price for Jeremy Corbyns fantasy economics.
The Chancellor said beware of Marxists bearing gifts after Labour unveiled a plan to give free broadband to everyone in the country.
PAY THE PRICE
The Labour leader will pledge to roll out the new state-controlled service over the next 10 years.
Mr Corbyns scheme would cost taxpayers at 56million and Mr Javid labelled the plans an audacious con trick.
Writing in City AM, he said: We will all pay the price for their fantasy economics it will destroy jobs, burn peoples hard-earned pension funds and set our nation back.
Their latest wheeze for free broadband is their most audacious con trick yet. It means yet another commitment to seize the private investments of millions of people who own a piece of BT.
Mr Javid was speaking ahead of today CBI summit where Boris Johnson will hand Britain’s ailing High Streets a boost as he unveils four tax cuts for business.
The PM is planning a package of cuts to help smaller business make the most out of Brexit.
Mr Corbyn will also discuss his plans for business revamping the apprenticeship levy.
LABOUR ‘LOATHES’ BUSINESS
The Levy is a tax on employers that can be used to fund apprenticeships and the Labour boss plans to promise more flexibility on how it operates.
But Mr Javid said if businesses back Labour they are support a party that loathes them.
He said: On 12 December the very people who drive our growth and prosperity face the prospect of a government that loathes them and wants to strangle their businesses.
Labours agenda is one of straightforward theft from investors, and spiralling debt that would destroy everything the British people have worked so hard for.
Thats the cost of Corbyn and its a cost our businesses and everyone who relies on them simply cannot afford.
