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Shadow Chancellor Sir Mel Stride says the government has to “fundamentally address the way it is running the economy”, adding, “it can’t keep borrowing money in these situations”. Report by Patelr. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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00:00What we've got to do actually is two things. Firstly, the government should be doing the
00:03immediate things it can do. So getting down those bills by getting carbon taxes out of those bills,
00:08by getting the green subsidies off those bills. Our cheap power plan would save people 20% on
00:14those bills virtually overnight. It also needs to start exploiting the resources up in the North
00:20Sea, so get those fields open and the oil and gas moving. But secondly, it's got to fundamentally
00:26address the way that it's running the economy. It can't keep borrowing money in these situations
00:30and taxing the economy, which slows it down. It should actually be controlling government spending,
00:36particularly welfare, getting people off welfare and into work by way of strengthening the economy.
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