Borrowing Figures: The Govt have no economic competence left

EMBARGO: Immediate Release

Responding to the latest borrowing figures, Liberal Democrat Treasury Spokesperson Sarah Olney MP said:

"A toxic combination of Conservative incompetence and reckless decision making at the top of Government have blown a hole in the country's finances, and now ministers are making British families pay for it.

"A long-list of Conservative Chancellors have hiked taxes, added hundreds of pounds a month to mortgages and left the country with unnecessarily high borrowing costs. The British public will never trust the Conservative party again with the economy. This Conservative Government doesn't have a shred of economic competence left after months of chaos."

ENDS

Notes to Editor:

Latest figures can be found here.