The Chancellor has now officially missed his own deadline to eliminate the deficit
Chris Leslie MP, Labour’s Shadow Chancellor, responding to today’s update on public sector finances, said:
“The Chancellor has now officially missed his own deadline to eliminate the deficit.
“Low wages and weak productivity have caused tax revenues to fall short in the past year.
“We need sensible spending reductions and a stronger focus on productivity to raise living standards, generate prosperity and get the deficit down.”
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