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Evening Standard
Evening Standard
Politics
Nicholas Cecil

Jittery markets hold their nerve on Budget £32b borrowing as minister reassures: We've all got PTSD from Truss

Budget Liz Truss PTSD Rachel Reeves Darren Jones International Monetary Fund Office for Budget Responsibility

Rachel Reeves’ deputy sought to reassure the markets that Labour’s £32 billion borrowing in the Budget was not excessive, stressing: “We have all got PTSD from Liz Truss”.

Darren Jones, Chief Secretary to the Treasury, emphasised that on borrowing the Government does not “think that we are pushing it to the limit”.

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