10 June 2025, 16:03 | Updated: 10 June 2025, 16:15

By Ben Ramanauskas

This Spending Review marks a significant increase in public spending – in a way that is neither wise nor defensible.

With the exception of a small number of areas such as the Defence budget, where the need to increase spending is widely recognised, much of this represents an unwillingness to take the hard decisions to control costs.

A significant proportion of the extra spending will not go on improving public services but rather on boosting the wages for public sector workers.

These increases will have to be paid for either through increased borrowing or higher taxes.

Both options would be a mistake.

Public borrowing and the national debt are already at historically high levels.

This is not free money and it has to be repaid now and by future generations.

Financing the National Debt is already one of the........

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