Chancellor's six-year income tax threshold freeze until 2028 sets stage for likely tax increase post-election, limiting future government options despite both parties ruling out VAT, income tax and national insurance hikes.
Conservatives stress reducing tax burden while labeling Labour as the party to tax working families, prompting economic policy disputes before manifesto releases.
Chancellor challenges BBC's impartiality on mortgage rate increase attribution to Liz Truss's actions, citing global factors like Putin's invasion of Ukraine and the pandemic for economic impacts.
Labour shadow treasury secretary refrains from confirming tax threshold changes, denies being influenced by Tory VAT commitments, underscoring party's economic policy stances.
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