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
