Thursday, November 23, 2017

Cable: Shadow Chancellor needs to get his sums right

Responding to John McDonnell's refusal to state how much Labour's borrowing plans would cost on the Today programme this morning, Liberal Democrat leader Vince Cable said: 

"It's worrying that the Shadow Chancellor hasn't done his sums. Or perhaps he has done his sums and he realises they're so horrendous that he's unwilling to acknowledge that his version of a Labour government would put the country into financial difficulties.

"We start from a bad position. The Budget warned of increased borrowing, dependent on the 'kindness of strangers'. A Labour government focused on massive nationalisation would make things even worse."

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