Science Secretary Peter Kyle has insisted the government does “have money to spend” despite a £22bn “black hole” in public finances.
He said: “I mean, government does have money to spend. It’s how you actually invest.”
When asked why Labour is so concerned about the £22bn black hole, he added: “Because what you have to do is two simultaneous things. We have to fix the damage left that was inherited by the previous government, that awful £22bn black hole. But we also need to get the economy growing.”
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@fivecylinderperfection5060
Why is it a black hole? Why not a red one or some other colour or maybe just call it a deficit? Adding a colour description seems a bit pointless other than to exagerate it.
@PJH13
Do they not realise how ridiculous they sound trying to claim there's no money for the first 3 months in govt. and then turning around and saying 'only kidding, we found some'
@DavidGetling
Not on keeping old people warm, however.
@Bistna444
tory lite.
@fintamaria2429
As long as Taxpayers treat these Leaders as masters, nothing will change, these leaders will only be Populists. Taxpayers must remind them that they are in the service of taxpayers to make their lives easier, houses, schools, hospitals etc.
@julian987r4
The black hole is in his intelligence
@benjleath9406
Stupid government, they’re all on the Fiddle, half that 22 billion debt was 9 billion for a pay rise for all his cronies- fact !
@earnestequivocation6250
There’s a black hole due to gross mismanagement of the economy by the Brexitclowns.
Pensioners have been relatively well
protected and the most vulnerable protected despite the hyperbole.
We clearly need asset taxes – Starmer is shying away from this?! Dumb.
@earnestequivocation6250
There’s a black hole due to gross mismanagement of the economy by the Brexitclowns.
Pensioners have been relatively well
protected and the most vulnerable protected despite the hyperbole.
We clearly need asset taxes – Starmer is shying away from this?! Dumb.
@T5Zplayer
Shock. comment removed by Sky again. Such a slimy little media company.
@NoWindNoSunNoPower
Yes. £22 billion for
Dale Vincecarbon capture.😂🤣😆😆🤣😂😂🤣😆😆🤣😂
@Verilyisayuntoyou
But not on the British people or the country.
@alanrogers9597
£20B black hole between his ears
@julianshepherd2038
Looks like Labour are just as useless as Sunak and co.
Still arming and assisting genocide.
@UltraPerception
They will invest in companies that prevent British developers from earning.
100%
I had products ready to sell in 2019
so far not able to sell anything.
I guess the Gov will go invest in those companies
want their investment.
Not got my approval.
No investment of this nature.
@georgebutler44
This government is still yet show any evidence of a black hole. Grifters and liars.
Anonymous
Trevor Phillips is as much use as a chocolate fire guard in holding our government to account.
@martinjohncassidyCASSIDY
Can't look after our pensioners, but always find money to look after themselves, politicians i detest them.
@stoneysteenkamp7365
Yah right, just print some more. This card house in the US and UK, it will come crashing down, question is when.
@zattanna74
Have money but let old people die bravo guy just made his own party, leader and chancellor look like clowns
@Whoeverwhateverwhenever
Spend on who? Ukranians? Definitely not old british people…