Topical Questions
The right hon. Lady does not seem to know how much additional borrowing this Government are undertaking compared with the plans of the last Government, so I will tell her: it is one quarter of a trillion pounds of additional borrowing across this Parliament. The truth is that this Chancellor is addicted to borrowing, which means, compared with what otherwise would be the case—she said exactly this, in terms, in the answer to my right hon. Friend the Member for Godalming and Ash—higher borrowing costs, higher inflation, higher interest rates and more sluggish growth, doesn’t it?