John Healey will inflict far more damage at his first Budget than Rachel Reeves, fears Kemi Badenoch

14 comments 14 Next JOHN Healey will inflict far more damage at next week’s Budget than his predecessor Rachel Reeves, Kemi Badenoch fears. The Chancellor cannot deliver a “nothing to see here” event as borrowing costs and spending spiral out of control, she warns. 4 Chancellor John Healey will inflict far more damage at next week’s Budget than his predecessor Rachel Reeves, fears Kemi Badenoch Credit: Getty 4 Kemi is concerned Healey’s financial statement will do more harm than previous Labour tax grabs Credit: PA Advertisement And the Tory leader says she is not fooled by what she called his “fictional” plans to cut the deficit just before the next election. She fears his financial statement will do more harm than previous Labour tax grabs such as last year’s £25billion National Insurance raid. Sign up for the Politics newsletter Thank you! Email address Please provide a valid email. Your info will be used in accordance with our Privacy Policy You'll now receive top stories, breaking news, and more, straight to your email. She will say at a speech in Central London today: “John Healey is not Rachel Reeves. “Many people see that as an improvement. How could it be worse than £70billion in new tax rises across two budgets ? READ MORE ON THE BUDGET DAVID WOODING Make-or-break Budget threatens to burst PM's bubble & expose him as all talk POLITICS UNWRAPPED How can John Healey fix an economy shaking more than a dodgy Tuk-Tuk? “However, I’m worried he will deliver a Budget that does more damage to our country than either of her budgets did. “We are being told next week’s Budget is going to be ‘nothing to see here’. That’s Whitehall code for a Budget that tries to do as little as possible­ . . . in the hope no one notices.” But she said: “We have to stop borrowing so much. Instead of doing that, Labour are taking out loans to pay the interest on our loans. “The right way is to bring spending down. That’s why we have found more than £70billion in savings, which we could start to make tomorrow. Advertisement Most read in The Sun 'ATTACKER REVEALED' 'Attacker who rammed MP with car is identified' as she fights for life MAKING A MARK Graffiti pranksters mocking celebs on subway walls vow to beat council 'DEEPLY MISSED' 'Loving father murdered' at caravan park is pictured as family pay tribute POLITICS FIX Mass immigration, huge welfare bill, war in Europe — but PM talks Tube noise 4 ‘We have to stop borrowing so much. Instead of doing that, Labour are taking out loans to pay the interest on our loans’, said the Tory leader Credit: Getty 4 Former Chancellor Reeves Credit: PA “Cuts are never easy, but are much easier if what you are doing is based on fairness.” Her warning comes eight days before Mr Healey delivers his first Budget with Britain crippled by £3trillion debt. But Labour hit back: “The Conservatives have zero credibility on the economy.” Advertisement 14 comments 14