Badenoch claims Healey left £49bn hole in UK finances

Key facts

• Kemi Badenoch claimed John Healey left a £49bn black hole in UK finances.
• Badenoch said the shortfall will require substantial tax increases.
• The report carried no response from Healey or the Treasury to the claim.

Kemi Badenoch claimed that John Healey has left the UK with a £49bn black hole in its public finances that will require substantial tax increases, according to a report that did not date the event.

The claim was carried without any response from Healey or the Treasury. The report gave no detail on how the £49bn figure was calculated or over what period the shortfall arises.