Only Conservatives will take tough decisions on welfare spending

COMMENT By Kemi Badenoch CONSERVATIVE PARTY LEADER

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THE Conservatives are the only political party that is serious about bringing down government spending and the country living within its means.

By contrast, Labour and Reform's Left-wing economics mean ever-increasing public spending, funded by an evershrinking group of working taxpayers.

Since Keir Starmer walked up Downing Street, taxes have risen, borrowing has soared, and yet Rachel Reeves has still created a multi-billion-pound black hole in the nation's finances.

Just this week, new jobless figures showed that there are an additional 150,000 people out of work since Reeves's first budget.

'Investors have lost faith in Chancellor'

That's more than just a damning statistic. It's a family wondering how to pay the bills, a young person denied their first step on the jobs ladder, an increasing wedge of unfulfilled potential.

But it's not just jobs where Labour are failing. Wage growth is slowing, inflation remains nearly double the Bank of England's target and the economy has flatlined.

It's only been a fortnight since the Government's long-term borrowing costs reached their highest level since 1998.

Global investors have lost faith in our Chancellor. This is not sustainable.