Borrowing figures: Reeves has “failed to turn the page” on stagnant economy

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Responding to the latest borrowing figures from the Office for National Statistics (ONS), which showed a sharp rise in borrowing, Liberal Democrat Treasury spokesperson Daisy Cooper MP said:

“Today’s concerning figures are yet another major blow to the Chancellor's faltering plan for growth, and show her approach is simply not working.

“The Chancellor has failed to turn the page of the years of Conservative economic vandalism. Instead, Reeves’s jobs tax will hammer small businesses, painting herself into a corner on her own fiscal rules.

“The only way to rebuild our public services is through meaningful growth, but unless the Chancellor sees sense and scraps her jobs tax at the Spring Statement, hardworking families and small businesses will continue to pay the price.”

ENDS