Borrowing and debt figures: Burden must not fall on hard working households

EMBARGO: Immediate Release

Commenting on the latest figures on the public sector’s level of borrowing and debt, Liberal Democrat Treasury Spokesperson Daisy Cooper MP said:

“Today’s figures highlight the difficult position of our public finances after years of mismanagement under the previous Conservative Government - but this can’t be an excuse for the Chancellor to make the wrong decisions at the Budget. 

“We need to see urgent investment in our NHS and public services which have been reduced to their knees and bold action to fix our crumbling schools and hospitals.

“The burden of fixing the Conservatives’ mess mustn’t fall on hard working households, but on the big banks, social media companies and oil and gas giants that can afford to pay a small amount of their soaring profits to get our public services back on their feet.” 

ENDS

Notes to Editor:

Septermber 2024 borrowing and debt figures can be found here.