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John McDonnell comments on the IPPR’s paper on ending austerity in the UK

John McDonnell MP, Labour’s Shadow Chancellor, commenting on the IPPR’s paper on ending austerity in the UK, said “The failure of austerity on all counts is now widely accepted and it’s important that the IPPR is highlighting the deficits in health, care, skills and income security.

“We need bold thinking about how to fund the things we all need.

“It’s a depressing comment on the state of the Conservative Party that instead of rebuilding our scarred public services and social security system they are fixated on 1980s-style swingeing tax cuts.”