The two Tory PMs both told voters the economy had turned a corner – but there is little comparison now with 27 years ago

With a Labour victory looking increasingly probable, John Major’s pitch to voters in 1997 was simple. Britain had come a long way, the then prime minister said in his foreword to his party’s manifesto. “We must be sure that we do not throw away what we have gained, or lose the opportunities we have earned.”

Sound familiar? It should, because it is exactly the same argument Rishi Sunak is deploying as he seeks to defy the opinion polls and win a fifth successive general election victory for the Conservatives.

The Conservatives and Labour are embroiled in a fight to woo voters with promises to keep rates of tax low

The two main political parties are in a bidding war over which can promise to increase taxes the least. Each accuses the other of harbouring a desire to push up taxes to support a growing list of spending pledges.

The Conservatives say there is a £38.5bn funding gap in Labour’s spending promises over the next five years and that to cover it, “Labour will increase your taxes by £2,094”. Labour claim unfunded Tory spending pledges add up to £71bn, or 2% of GDP.

Rishi Sunak is so palpably convinced he can’t win he’s promising any old mad thing. Meanwhile, the Lib Dems are falling off kayaks

People say manufacturing has declined under the Conservatives, but the sheer volume of outrage manufactured by Rishi Sunak’s national service wingnuttery at the weekend was last night compounded by his decision to unveil a quadruple lock to the state pension. Truly the seven-blade razor of advanced pensions technology. It’s so innovative it might even spin off and manufacture another deranged Loose Women segment. I am still howling at the moment on the show a couple of weeks ago when Janet Street-Porter demanded of Sunak: “Why do you hate pensioners? WHY DO YOU HATE PENSIONERS? That is the only conclusion I can come to.” State of the art lunacy, made end-to-end in the UK. Let’s face it: this is what you call a joined-up manufacturing industry.

But look, for whatever reason, Keir Starmer and Rachel Reeves preferred to spend their afternoon at a facility where they manufacture something other than abstract nouns: Airbus Defence and Space in Stevenage. A lot of election campaign visits are to places connected with jobs the politician probably wanted to do when they were little. Digger driver. Train driver. Biscuit factory worker. Today’s broadly fell into the category “spaceman”. Airbus are serious manufacturers in aerospace and defence, and recently won a new contract to maintain the Skynet military satellite system (although, I obviously massively misunderstood the movies because I hadn’t realised we were supposed to think calling things Skynet was cool?).

Shadow chancellor insists no additional tax rises will be needed beyond ones already announced by the party

Rachel Reeves has said there will be no budget until September if Labour wins the election, and the party will not announce any additional tax measures beyond what it has already promised.

The party has ruled out increases to income tax, national insurance, corporation tax or any form of wealth tax and Reeves said there would be no new measures proposed or “black holes” to fill.

Labour reiterates claims that pensions will have to be cut to fund Tory idea to scrap national insurance

Labour has opened applications for a string of new safe seats after half a dozen MPs announced last-minute retirements, with key allies of Keir Starmer expected to be lined up to take their place.

Those standing down include the former shadow minister Barbara Keeley, the chair of the parliamentary Labour party Jon Cryer, as well as John Spellar, Virendra Sharma and Kevin Brennan.

Pensioners used to have a bigger personal allowance than people of working age – it was the Conservatives who got rid of it.

So this is one of many examples actually of tax policy that has been reversed by the same Government. George Osborne got rid of it in the 2010s when the personal allowance of people under pension age continued to rise.

Labour will strike balance between workers’ needs and business interests, shadow chancellor to tell bosses

Rachel Reeves will pledge on Tuesday to lead the most “pro-growth” Treasury in UK history if Labour wins the general election.

Addressing business leaders, the shadow chancellor is poised to claim her party would “return to the centre ground of politics” by striking a balance between workers’ needs and business interests.

Leader targets swing voters in Kent and Essex while shadow chancellor makes vow on taxes and spending

Keir Starmer will declare on Monday that Labour has changed “permanently” under his stewardship, after the party ruled out raising income tax or national insurance if it wins the election.

In his first keynote speech of the general election campaign, the Labour leader will seek to reassure nervous voters that transforming his party has been his “driving mission since day one”.

Shadow chancellor rules out income tax and national insurance rises and says manifesto will have no unfunded proposals

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Rachel Reeves vowed that there would be no “return to austerity” under a Labour government as she ruled out increases to income tax or national insurance. On the first weekend of the general election campaign, the shadow chancellor said she and Keir Starmer wanted taxes on working people to be lower.

Pressed on how Labour would fund public services, Reeves ruled out raising income tax or national insurance and insisted that there would be no “unfunded proposals” in the party’s election manifesto.

Home secretary sent out to explain why national service is a great idea that has nothing to do with luring Reform voters

When the BBC announced its line-up for the Laura Kuenssberg Sunday politics show, there was a large blank beside the Tory part. To be confirmed, it said ominously. Hardly a surprise these days. At the current acceleration rate of attrition, it must be increasingly hard to find a cabinet minister or Conservative backbencher who has definitely decided to stand for election again.

On Wednesday, Michael Gove had declared his wholehearted support for Rishi Sunak’s surprise election announcement: two days later he had decided to spend more time with his crack den. That’s our Mikey. On brand to the very last. Saying one thing, doing another. Treachery runs in his veins. Even the prime minister looks as if he isn’t sure whether to fight this election. His body language during the first three days of the campaign has suggested a man yearning for Santa Monica. He only gets out of bed through a misplaced sense of duty.

The shadow chancellor has accused Conservatives of making unfunded financial commitments after calling a snap election

Shadow chancellor Rachel Reeves accuses the Tories of making £64bn of unfunded spending commitments in a “desperate and reckless” effort to rescue their gaffe-strewn general election campaign.

Speaking to the Observer, Reeves said that what appeared to be pledges to slash taxes – including national insurance, income tax and inheritance tax – were reminiscent of Liz Truss’s catastrophic mini-budget and showed the Conservatives had learnt nothing from her disastrous time at No 10.

Party leader says if you can work, pay tax and serve in armed forces you should be able to vote

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Sixteen- and 17-year-olds could be given the right to vote if Labour wins the general election, Keir Starmer has confirmed.

“If you can work, if you can pay tax, if you can serve in your armed forces, then you ought to be able to vote,” the Labour leader said while campaigning at a football ground in the West Midlands.