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The party also said it remains committed to replacing the unelected chamber, but put no timeframe on the plan.

Rachel Reeves says just 2 per cent of fraudulent Covid grants have been recovered.

Labour is 1/200 favourites to win the most seats at the General Election, an implied probability of 99.5 per cent.

The Reform UK leader also insisted he would not ‘surrender to the mob’ after being targeted by protesters on the campaign trail.

Defence Secretary Grant Shapps said Labour should not be given a blank cheque if Sir Keir Starmer’s party wins the General Election.

The Conservatives, which hold the seat, are currently polling at 10 per cent in the North East constituency.

A tax on multimillionaires and billionaires will be used to fund improvements to health, housing, transport and the green economy, the party said.

YouGov/ Sky News polling puts the Lib Dems on track to become the second largest party in the House of Commons, and the new official opposition.

Jonathan Ashworth insisted Sir Keir Starmer’s party would not raise income tax, national insurance or VAT.