21/10/2025 08:21
The Guardian
Chancellor and business secretary addressing regional summit in Birmingham amid gloomy economic outlookPeter Kyle, the business secretary, has been giving interviews this morning. When it was put to him on LBC that today’s borrowing figures implied Britain was going bankrupt, he replied:No, because when you look at the debt to GDP ratio, we are stable as this country, and we are doing what it takes to invest our way out of the of the challenge that we have inherited from the from the Tory government.Bear in mind that when we came into office, we inherited a growth emergency. We had no growth, high taxation, low growth or no growth, and we have to break out of that cycle. What Rachel Reeves has done is restored stability to our economy.We are all united in our desire for a just and lasting peace, deserved by the people of Ukraine.We strongly support President Trump’s position that the fighting should stop immediately, and that the current line of contact should be the starting point of negotiations. Continue reading...
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