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Aug 8, 2025  |  
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NextImg:Labour's 'colossal' borrowing and spending is fuelling their own debt crisis, says Mel Stride

The Shadow Chancellor has launched a scathing attack on the Government's economic management, accusing Labour of reckless fiscal policies that threaten Britain's financial stability.

Mel Stride warned that mounting Government debt has reached its "peak level since the 1960s", with taxpayers now facing an enormous burden from interest payments.