Shadow chancellor plans autumn statement response in which he will claim Osborne’s austerity is a political choice and the failure to invest risks long-term futureJohn McDonnell,the shadow chancellor, has accused George Osborne of putting Britain’s health and security at risk with politically motivated deficit reduction plans that enjoy left the economy in chaos.
Speaking ahead of the 2015 spending review and autumn statement, and McDonnell said the key to eliminating the budget deficit was to boost growth through higher investment rather than by reducing tax credits or by cutting the number of police patrolling the streets. Related: Spending review 2015: time for George Osborne to face tough choices Continue reading...
Source: theguardian.com