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Labour’s borrowing addiction is costing every household £476 a year

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Friday, 13 November, 2026
  • Westminster News

In Treasury questions last week, Richard challenged the minister on the additional £476 a year every household across the country will now be paying for the next two years.

Richard Fuller, Shadow Chief Secretary to the Treasury, said:

The Government's choice to borrow almost a quarter of a trillion pounds more over the next two years will cost every household an extra £476 a year in additional debt interest. 

Labour’s addiction to borrowing means this Budget was a lost opportunity to get borrowing under control, and families will be left to foot the bill.

You can watch Richard's question at: https://youtube.com/shorts/0gWgc9K21dE?si=7ooChjZOhrEpZ-oq

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If you know of someone in Reception through to Year 6 in North Bedfordshire, Richard would love them to enter the competition to design his 2026 Christmas card. Designs should be created on A4 paper and we ask that a parent or teacher writes the child's name, age, school and class (if applicabl

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Promoted by Katherine Arnold on behalf of Richard Fuller both at NBCA, Biggleswade Conservative Club, St Andrews Street, Biggleswade SG18 8BA
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