Labour is spending money it doesn’t have, with no plan to pay for it. That means more borrowing, more debt, and come the Autumn Budget – more tax rises as well.
Labour are addicted to borrowing.
Since coming into office, Reeves has made a habit of loosening the fiscal rules, cooking the books, and ramping up borrowing, now by over £30bn a year... All while claiming she’s restoring “Stability.”
They think the public won’t care. But the consequences are already here. The cost of servicing that debt is soaring. Over £100bn a year is now spent on interest payments alone. more than on schools, defence, or policing.
That’s our money going down the drain, because Labour can’t control themselves.
Watch Mel Stride’s full speech here 👇
