Government borrowing figures: "warning lights must be flashing in the Treasury" - Lib Dems

EMBARGO: IMMEDIATE RELEASE

Responding to the latest figures showing that Government borrowing in April was at its fourth-highest since records began, Liberal Democrat Treasury Spokesperson Daisy Cooper said:

"The warning lights must be flashing in the Treasury this morning.

"Rachel Reeves has failed to get a grip on the mess left by the Conservatives, making a series of blunders  whilst avoiding taking the bold action that would set us on the right path.

“It is time for the Labour government to change course. The first steps must be scrapping the damaging jobs tax, reforming business rates and being much more ambitious in negotiations with the EU, pushing for a customs union that would create the growth we desperately need to rebuild public services and protect family finances. Short-sighted red lines will only doom Rachel to failure.”

ENDS

Notes to Editor:

The figures are available here: https://x.com/ONS/status/1925431468316143939?t=vylqe7gru4EfWP2ci5Awsg&s=19