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America One News
7 Aug 2025
#economy
GB News: Labour's 'colossal' borrowing and spending is fuelling their own debt crisis, says Mel Stride
The Shadow Chancellor criticized the Government's economic management, claiming Labour's fiscal policies jeopardize Britain's financial stability. Mel Stride noted that government debt has hit its highest level since the 1960s, leading to significant interest payment burdens on taxpayers.