Borrowed time
UK borrowing last month was an eye-watering £24.3billion – the highest for April since the darkest days of Covid.
The total — the extent to which the Government is living beyond its means — was up by £4.9billion on a year earlier, and higher than expected.
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Neither Starmer nor Burnham have a plan for getting a grip on welfare Credit: Getty
Wes Streeting has demanded a ‘wealth tax’ despite warnings from economists Credit: Getty
Meanwhile, more than a million young people can now be classed as Neet — not in education, employment or training.
Youth unemployment is at an 11-year high, with young Brits cast on the scrapheap, as our benefits bill balloons.
The country faces huge structural problems requiring bold political leadership — with taxes slashed to boost growth and firm action to get the jobless back to work. Yet what have we got?
The pathetic spectacle of Sir Keir Starmer holed up in Downing Street — neither in nor out of power — while his rivals compete over what new taxes to impose on a country already facing the highest burden since World War Two.
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Earlier this week, Wes Streeting was demanding a “wealth tax”, even though economists say it could “easily lose money” for the Treasury as investors change their behaviour.
Yesterday, at the launch of his Makerfield by-election campaign, it was Andy Burnham’s turn.
The wannabe Prime Minister said land is “undertaxed” and he, too, likes the idea of hiking capital gains charges.
None of Burnham, Streeting or Starmer have any kind of plan for getting a grip on welfare.
Their thinking extends only as far as taxing more so they can carry on spending ever more on benefits — thereby keeping Labour’s left-wing MPs and members happy.
What’s worse is that we face months more of Labour talking only to itself, as the contest for No10 rumbles on.
It’s not just self-indulgent. It’s a betrayal of the national interest.
Good in-tent
RACHEL REEVES has signalled that families staying at holiday parks and campsites may be spared paying the Government’s controversial “tourist tax”.
It would likely only be targeted at big cities. Thats’s a small step toward common sense.
But, with over-taxed Brits already struggling to afford any kind of holiday, the levy should be scrapped altogether.
The mean party
ON Thursday, the Green Party claimed its candidate had withdrawn from the Makerfield by-election for “family reasons”.
In fact, he was about to be exposed for claiming an antisemitic Jewish ambulance attack was a “false flag” operation.
Zack Polanski’s party is both riddled with hateful cranks AND alarmingly loose with the truth.
