Speeches sourced from the Labour party’s online archive More…

Chris Leslie MP, Labour's Shadow Financial Secretary to the Treasury, responding to Danny Alexander's comments on the forthcoming spending review, said: 

“It's totally chaotic for the government to be conducting spending negotiations in public this way, with big departments like defence and work and pensions yet to reach agreement. 

“And the reason why George Osborne has been forced to ask for more cuts is because his total failure on living standards and growth has led to billions more borrowing than he planned. Far from balancing the books the deficit is now set to be over £90 billion in 2015. 

“This spending review must finally act to get our economy moving with a long-term plan for jobs and growth, as Labour and the IMF have urged. Action now would boost people’s incomes, help get the deficit down and mitigate the scale of the cuts needed in the next Parliament.

“But the longer David Cameron and George Osborne plough on regardless, the more difficult the inheritance Labour will face in 2015. Our task will be to turn things around on growth and living standards and deal with the deficit in a fairer and more balanced way.”

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