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Huffington Post // Technology

'You Sound In Denial': Nick Robinson Savages Cabinet Minister Over State Of The Economy

Friday 10th January 2025, 9:09AM


Nick Robinson challenged Lisa Nandy on TodayBBC presenter Nick Robinson accused a cabinet minister of being “in denial” after she tried to paint a rosy picture of the UK economy.Lisa Nandy, the culture secretary, insisted there were positive signs amid the gloomy news about soaring government borrowing costs, rising inflation, slugging growth and the falling value of the pound.On Radio 4′s Today programme, Robinson told her: “Consumer confidence is down, business confidence is down and growth is down and inflation is going up.”But Nandy said: “We inherited an economy where it was hard to see who had confidence, both to invest and particularly for consumers to feel that they could spend, given the huge fluctuations that we’d seen, particularly after the Liz Truss/Kwasi Kwarteng Budget.“The chancellor has been absolutely clear that we are not going back to those bad old days. We’ve had two interest rate cuts since she became chancellor and we have worked very hard to restore economic credibility.“Only a few months after we took office we were able to

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