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It is absolutely the case that this Labour Government has inherited a fiscal nightmare from the Tories. No exaggeration, no spin – just the plain facts. There is a £22billion black hole in our finances. Hotel asylum costs, to take one example, are about 50 times more in year than the Home Office budgeted for. The recommendation from the pay review Body for the teachers’ pay award of 5.5 per cent, sat on the Tory Education Secretary’s desk, whilst no provision was made for funding. These are real costs, which Labour is having to tackle. Beyond this, the Tory future spending plans of just one pe…

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