Tories: Chancellor caught in 'doom loop' of borrowing

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Deputy Leader of the Opposition Alex Burghart says that Chancellor Rachel Reeves is caught in a "doom loop" of borrowing and spending "too much money", adding that he thinks next week's Budget will "make everyone poorer".  Report by Keechl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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00:00The government is spending far too much money.

00:02A month before last, the Chancellor borrowed £20 billion.

00:05Last month, I think she borrowed just over £17 billion.

00:09And the government has to cut costs.

00:12Conservative Party has been very clear.

00:14Kemi Badenoch at Conservative Party Conference last month

00:17set out how we would cut £47 billion from the public purse

00:21so that we can get the deficit down and reduce people's taxes

00:25because that's the only way of getting growth.

00:26The Chancellor is caught in this doom loop now

00:29where she is spending too much money, she's borrowing too much money

00:33and we're getting no growth at all.

00:36So things are going to get worse

00:38and I think the budget next week is going to make everybody poorer.

00:40Let's go.

00:40All right.

00:41So...

00:41Let's go.

00:42Let's go.

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