Kemi Badenoch has said a ‘red warning light’ is flashing on the economy today after a barrage of bleak economic news – just a week before the Budget.
The Tory leader urged Andy Burnham to slash welfare as official figures showed the UK’s debt mountain has hit the grim milestone of £3trillion.
The mark was reached following higher-than-expected public sector borrowing last month reaching £24.5billion.
Meanwhile, the fallout from the Middle East crisis saw inflation surge above predictions to reach 3.5 per cent in the year to September.
Analysts said the price pressure is likely to guarantee that the Bank of England will increase interest
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