Borrowing figures: Another sign the Chancellor's Budget has not worked

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Responding to figures from the Office for National Statistics (ONS) showing UK borrowing has hit its highest December level for four years, Liberal Democrat Treasury Spokesperson, Daisy Cooper MP said:

“This is yet another sign that the Chancellor’s Budget has not worked. It’s now putting people’s mortgages at risk and will make it even harder for the Chancellor to meet her borrowing rules.

“The answer to this is to turbo-charge growth by scrapping the jobs tax, and raising the necessary revenue for our NHS from the big banks and tech companies instead. 

“After the Conservative Party’s disastrous legacy of economic vandalism, the Chancellor needs to go for growth through fairer tax measures that can unleash growth through small businesses, not undermine it.”

ENDS