Chris Leslie MP, Labour’s Shadow Chief Secretary to the Treasury, responding to today’s public sector finance figures, said:
“Despite last month’s welcome fall, the Government’s deficit plan continues to be way off track. Three years of flatlining growth and falling living standards mean George Osborne is set to break his promise to balance the books by 2015. He’s forecast to borrow over £200 billion more than planned simply to pay for the costs of his economic failure.
“This failure to balance the books means the next Labour government will have to make difficult decisions on spending. But we will make different choices to secure a strong and sustained recovery that delivers rising living standards for the many, not just a few at the top. That’s the way to get the deficit down and do so in a fairer and more balanced way.”
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