Labour Party: Impact of this Tory-led Government's austerity rhetoric on consumer and business confidence is such a risk - Johnson

Alan Johnson MP, Labour's Shadow Chancellor of the Exchequer, responding to the public sector borrowing figures published today said:

"Today's record borrowing figures show that when it comes to getting the deficit down, growth matters. That's why the impact of this Tory-led Government's austerity rhetoric on consumer and business confidence is such a risk - even before the impact of public spending cuts start to be felt."