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  • 2 days ago
Shadow Immigration Minister Matt Vickers says Labour is "spending more than it's taking in", after newly released figures showed government borrowing was higher than expected. Vickers calls spending on debt interest "devastating". Report by Keechl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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00:00Well, I think it's devastating, isn't it? Didn't we say something like £35,000 a second on debt interest, money
00:07that could be getting spent on public services, could be spent putting more police on our streets, more teachers in
00:12our schools, is instead being consumed in debt interest. It's the wrong way to go.
00:17Three things cause more borrowing or cause more taxes. One of them is a war. One of them is a
00:24pandemic. The other is a Labour government. This government is spending more than it's taken in.
00:28And all we've heard from the new Prime Minister is how he plans to spend more, but we haven't heard
00:32necessarily how he's going to pay for any of that yet.
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