BusinessCompany NewsPBR03: Letwin hits back

PBR03: Letwin hits back

Shadow chancellor Oliver Letwin attacked Gordon Brown about what was missing from his pre-Budget report, claming that there were no tax receipt figures and spending figures to look at.

He also hit out over the governments borrowing claims adding that after the last election, Brown claimed the country would be borrowing just £10bn, which has now risen to £37bn. This was at a time when the government was taking 50% more in tax since they came to power.

Letwin also expressed concern over the changes to the measurement of inflation, saying it put at risk the robust monetary policy that had helped the country tough out global recession.

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