Friday 20 July 2018 / 11:19 AM Economy / John McDonnell

John McDonnell responds to ONS public sector finance figures

John McDonnell MP, Labour’s Shadow Chancellor, commenting on the ONS public sector finance figures, said:

“The conservatives said their austerity agenda would eliminate the deficit by 2015 but the Government still borrowed nearly 40 billion last financial year.

Behind these figures the reality is that the Chancellor has shifted the burden onto low income families and older people desperately in need of care.

“The forthcoming budget must end the cuts in financial support for low income families and secure funding to deal with the crisis in social care.”