Shadow Treasury Minister: ReformUK is ‘left-wing’ on economy

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Shadow Exchequer Secretary James Wild says Reform backs “unfunded pledges” and attacks both Labour and Reform for supporting high borrowing and spending. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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00:00I think what we've seen from reform as we're seeing with the Labour Party is putting out

00:04unfunded spending commitments, talking about nationalising huge swathes of the economy in

00:11terms of utility companies, refusing to back welfare savings and in fact wanting to increase

00:17welfare. So if you're a conservative leaning voter then reform is actually showing itself to be

00:21quite left-wing on some of the economic issues and the agenda that Kemi Beynok is setting out

00:28is about we as a country have to live within our means. Labour's borrowing spending and taxing and

00:34that is not sustainable. We need to have a proper conversation about what the state can provide but

00:39at the moment it looks like the government's going to raise taxes again come the autumn which will put

00:43more pressure on growth in the economy and then lead to more borrowing. We could get into a debt

00:48spiral. That's the warning we're putting out at the moment.

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