The Conservatives will put their offer to pensioners at the heart of their election manifesto when it is published today.
The manifesto will reiterate already-announced pledges to introduce the so-called “triple lock plus” for pensioners – which will create a new “age-related” tax-free allowance – as well as promises not to increase major taxes.
Its publication follows a torrid four days for the prime minister, who has been forced to quash rumours he considered resigning over the backlash he received over his early departure from the D-Day commemorations last week.
In an attempt to get back on the front foot, Mr Sunak will stress that as the “party of Margaret Thatcher and Nigel Lawson” the Tories believe in “sound money” and will ensure “we have lower welfare so we can lower taxes”.
Watch the Conservative manifesto launch live on Sky News at 11.30
Writing in the Daily Telegraph, Mr Sunak also revealed some new manifesto pledges to try to help people get on the housing ladder.
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He wrote: “Owning a home makes people more financially secure, gives them a stake in society and, as Mrs Thatcher said, is one of the main bulwarks of individual freedom.”
As well as confirming the abolition of stamp duty on properties up to a value of £425,000 for first time buyers, the manifesto will promise capital gains tax relief for landlords who sell to their existing tenants and a new Help to Buy scheme.
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Described by Mr Sunak as “transformational”, it will provide an equity loan of up to 20% towards the cost of a new build home. There would also be a five percent deposit for first time buyers “on terms they can afford”.
Other policies Mr Sunak will repeat at the launch today include:
• Moving the threshold to pay high income child benefit charge for single-earner families to £120,000, up from £60,000 currently • A guarantee not to raise income tax, national insurance or VAT • A workplace pension guarantee to not introduce any new taxes on pensions or increase existing ones for the whole of the next parliament • A commitment not to change number of council tax bands, undertake a council tax revaluation or cut council tax discounts • An ambition to abolish national insurance when financially responsible to do so
Labour has denounced the pledges as a “desperate series of unfunded commitments” and said the manifesto amounts to “the most expensive panic attack in history”.
But the prime minister will attempt to draw a key dividing line with the Labour Party by claiming that Sir Keir Starmer’s refusal to match his commitment on the triple lock plus amounts to a new “retirement tax”.
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PM won’t quit over D-Day mistake
He is expected to say: “We Conservatives have a plan to give you financial security. We will enable working people to keep more of the money you earn because you have earned it and have the right to choose what to spend it on.
“Keir Starmer takes a very different view. He says he’s a socialist, and we know what socialists always do: take more of your money.
“We are the party of Margaret Thatcher and Nigel Lawson, a party, unlike Labour, that believes in sound money.
“In this party, we believe that it is morally right that those who can work do work, and that hard work is rewarded with people being able to keep more of their own money. We will ensure that we have lower welfare so we can lower taxes.”
While mandatory national service for 18-year-olds was among the first pledges unveiled by Mr Sunak that is intended to reach younger voters, it is policies aimed at the so-called “grey vote” that has garnered the most attention so far.
Other key policy pledges from Mr Sunak include an expansion of levelling up funding with a pledge to give 30 towns £20m each and plans to boost community care by expanding Pharmacy First and building 100 new GP surgeries and modernising 150 more.
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The headline triple lock plus policy will see the income tax personal allowance rise for pensioners, giving them a tax cut worth around £95 in 2025-26, rising to £275 in 2029-30.
Speaking at a press conference on Sunday, Jonathan Ashworth, Labour’s shadow paymaster general, rejected the Conservatives’ attack on his party for not implementing their policies, arguing it was not “the Labour Party’s job to copy them”.
“It is our responsibility to call that out and that is what we are doing today,” he added. “Whatever the Tories announce tomorrow, the money is not there.”
Wendy Chamberlain, Liberal Democrat work and pensions spokesperson, said the Tory manifesto “isn’t worth the paper it’s printed on”.
“The only guarantee they’re good for is unmitigated failure,” she said.
“The wheels have already fallen off their campaign, and the promises they make are just a desperate attempt to rescue Rishi Sunak.”
Veterans are set to join the King for a VE Day tea party today as the prime minister has paid tribute to the “selfless dedication” of the war generation.
Among them will be a 99-year-old who took part in the D-Day landings and a 100-year-old woman who worked in the Special Operations Executive, known as Churchill’s Secret Army.
Director general of the Royal British Legion, Mark Atkinson, said the charity was “proud” to be taking a place “at the heart of these national celebrations and commemorations” on the 80th anniversary of the end of the Second World War.
He said it would be “one of our last opportunities as a nation to pay tribute to those veterans still with us today”.
Evacuees from World War Two and veterans who were still in active conflict after VE Day are among the other guests set to attend the tea party, which will take place in the presence of the King and other members of the Royal Family.
Image: The Royal Family will watch a military procession and flypast on Monday. File pic: PA
At 12pm, the Royal Family will observe a military procession, followed by a flypast.
It will be the first major VE Day anniversary without any of the royals who stood on the balcony of Buckingham Palace on the day victory in Europe was declared, after the death of the late Queen Elizabeth II in 2022.
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‘Not just for Britain’
The celebrations come as Prime Minister Sir Keir Starmer praised veterans for their “selfless dedication” and thanked them for a “debt that can never fully be repaid” in an open letter ahead of VE Day.
He said the stories which will be heard this week from those who fought in the Second World War would be a reminder that the victory “was not just for Britain” but was also “a victory for good against the assembled forces of hatred, tyranny and evil”.
Sir Keir said the WW2 veterans “represent the best of who we are” and that without their service “the freedom, peace and joy that these celebrations embody, would not be possible”.
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VE Day veteran tells Sky News what the atmosphere was like when WWII was finally declared over in Europe
Personnel from NATO allies the US, France and Germany will be among those taking part in the procession in London.
The commemorations will begin with the words of Sir Winston Churchill‘s 1945 victory speech, spoken by actor Timothy Spall.
Thousands of people are expected to line the streets of the capital to witness the celebrations.
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On the anniversary itself on Thursday, marking exactly 80 years since the Allies formally accepted Germany’s surrender, a service of commemoration will be held at Westminster Abbey, to include a national two minutes’ silence.
Pubs across England and Wales, which usually close at 11pm, will also stay open for an extra two hours to allow punters more time to celebrate.
Eight men have been arrested by the Metropolitan Police in two unconnected but “significant” terrorism investigations.
In one operation on Saturday, counter-terror officers arrested five men – four of whom are Iranian nationals – as they swooped in on various locations around the country. All are in police custody.
The Met said the arrests related to a “suspected plot to target a specific premises”.
In an update shortly after midnight, the force said: “Officers have been in contact with the affected site to make them aware and provide relevant advice and support, but for operational reasons, we are not able to provide further information at this time.”
Commander Dominic Murphy, head of the Met’s Counter Terrorism Command, said: “Counter-terrorism policing, supported by police and colleagues from across the country, have conducted arrests in two really significant operations, both of which have been designed to keep the public safe from threats.
“There are several hundred officers and staff working on this investigation, and we will work very hard to ensure we understand the threats to the wider public.”
He refused to say if the plot was related to Israel, but described it as “certainly significant” and said “it is unusual for us to conduct this scale of activity”.
He also asked the public to “avoid speculation and some of the things that are being posted online”.
MI5 director general Ken McCallum said in October that the intelligence agency had responded to 20 “potentially lethal” Iran-backed plots since 2022. He warned of the risk of an “increase or broadening of Iranian state aggression in the UK”.
Rochdale resident Kyle Warren, who witnessed one of the arrests at a neighbouring house, said his children had been playing in the garden when they came running into the house, saying a man in a mask had told them to go inside.
“Obviously, I was a bit worried,” Mr Warren told Sky News’ Lisa Dowd, and so he went into the garden to investigate.
“As we’ve come out, we just heard a massive bang, seen loads of police everywhere with guns, shouting at us to get inside the house.”
Image: Kyle Warren said his children were ‘petrified’
From upstairs in his house, he then heard “loads of shouting in the house” and saw a man being pulled out of the back of the house, “dragged down the side entry and thrown into all the bushes and then handcuffed”.
There were about 20 to 30 officers with guns, he believes.
“It’s just shocking, really. You don’t expect it on your doorstep.”
His daughters were “petrified… I don’t think they’ve ever seen a gun, so to see 20 masked men with guns running round was quite scary for them”.
Mr Warren, who only moved into his house a year ago, said he had “never really seen anyone going in or out” of the house and actually thought it was empty.
Image: One suspect was arrested in Cheadle Hulme, Greater Manchester. Pic: Sarah Cash
Image: One suspect was arrested in Cheadle Hulme, Greater Manchester. Pic: Sarah Cash
Arrests and searches around the country
The Met added officers were carrying out searches at a number of addresses in the Greater Manchester, London and Swindon areas in connection with the investigation.
It said those detained were:
• A 29-year-old man arrested in the Swindon area • A 46-year-old man arrested in west London • A 29-year-old man arrested in the Stockport area • A 40-year-old man arrested in the Rochdale area • A man whose age was not confirmed arrested in the Manchester area.
Image: A 29-year-old man was arrested in the Stockport area
Terror arrests in separate investigation
Police also arrested three further Iranian nationals in London on Saturday as part of another, unrelated counter-terror investigation.
The suspects were detained under section 27 of the National Security Act 2023, which allows police to arrest those suspected of being “involved in foreign power threat activity”.
Home Secretary Yvette Cooper said: “These were two major operations that reflect some of the biggest counter state threat and counter terrorism operations that we have seen in recent years.
“This reflects the complexity of the kinds of challenges to our national security that we continue to face.”
Earlier, she thanked police and security services in a statement, and called the incidents “serious events that demonstrate the ongoing requirement to adapt our response to national security threats”.
Last year, the government placed the whole of the Iranian state – including its intelligence services – on the enhanced tier of the new foreign influence registration scheme.
It means anyone asked by Iran to carry out actions for the state must declare it, or face prison time.
And that comes in the context of increased warnings from government and the security services about Iranian activity on British soil.
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Counter terror officers raid property
Last year, the director general of MI5, Ken McCallum, said his organisation and police had responded to 20 Iran-backed plots presenting potentially lethal threats to British citizens and UK residents since January 2022.
He linked that increase to the ongoing situation in Iran’s own backyard.
“As events unfold in the Middle East, we will give our fullest attention to the risk of an increase in – or a broadening of – Iranian state aggression in the UK,” he said.
The implication is that even as Iran grapples with a rapidly changing situation in its own region, having seen its proxies, Hezbollahin Lebanon and Hamas in Gaza, decimated and itself coming under Israeli attack, it may seek avenues further abroad.
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The government reiterated this warning only a few weeks ago, with security minister Dan Jarvis addressing parliament.
“The threat from Iran sits in a wider context of the growing, diversifying and evolving threat that the UK faces from malign activity by a number of states,” Jarvis said.
“The threat from states has become increasingly interconnected in nature, blurring the lines between: domestic and international; online and offline; and states and their proxies.
“Turning specifically to Iran, the regime has become increasingly emboldened, asserting itself more aggressively to advance their objectives and undermine ours.”
As part of that address, Jarvis highlighted the National Security Act 2023, which “criminalises assisting a foreign intelligence service”, among other things.
So it was notable that this was the act used in one of this weekend’s investigations.
The suspects were detained under section 27 of the same act, which allows police to arrest those suspected of being “involved in foreign power threat activity”.