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Rishi Sunak has been chastised by the UK’s statistics watchdog for claiming to have reduced public debt – despite not having done so.

Sir Robert Chote, the chair of the UK Statistics Authority (UKSA), said the prime minister’s assertion that “debt is falling” may have caused “confusion” and “undermined trust in the government’s use of statistics”.

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Reducing debt is one of the five pledges Mr Sunak made to the public at the start of the year, alongside cutting NHS waiting lists and “stopping the boats”.

He claimed “debt is falling” in a video posted on social media after the King’s Speech on 7 November and that “we have indeed reduced debt” at Prime Minister’s Questions on 22 November, the day of the Autumn Statement.

However, Liberal Democrat MP Sarah Olney questioned the veracity of the claim – pointing to a projection from the Office for National Statistics (ONS) that month which showed public sector net debt has risen on every measure.

Number 10 had argued Mr Sunak was referring to a projection that debt would be falling as a proportion of GDP by 2028.

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But responding to Ms Olney’s concerns, Sir Robert said “the average person in the street” would have interpreted the comment to mean “debt was already falling or that the government’s policy decisions had lowered it at fiscal events – neither of which is the case”.

He added: “This has clearly been a source of confusion and may have undermined trust in the government’s use of statistics and quantitative analysis in this area.

“Members of the public cannot be expected to understand the minutiae of public finance statistics and the precise combination of definitional choices that might need to be made for a particular claim to be true.”

Ms Olney accused the prime minister of “reaching for the Boris Johnson playbook” and undermining trust.

She said: “Rishi Sunak knows he has no good story to tell on the UK economy so he has resorted to making one up. The least this no-growth prime minister could do is be honest about it with the British public.

“Instead, he has reached for the Boris Johnson playbook and undermined trust in politics. This is desperate stuff from a desperate prime minister and it is right that he has been called out on it.”

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Prime Minister Rishi Sunak has announced five goals which he says the government will accomplish this year.

It comes after Mr Sunak briefed his cabinet this morning on the progress of his five pledges which he made in January.

They are: Halving inflation, growing the economy, reducing national debt, cutting NHS waiting lists and stopping boats from crossing the Channel.

Mr Sunak said successes included halving inflation and reducing small boat crossings by a third, “but that there is still much work to do that will require continued dedication”.

While inflation has halved, critics said that was more to do with Bank of England policy – and the cost of living crisis remains, with the economy flatlining this year.

Read More:
UK economy flatlines but avoids recession this year

Meanwhile, thousands of people have come to the UK in small boats amid chaos over the Rwanda deportation policy.

And while NHS waiting lists fell slightly for the first time this year in October, the appointments backlog is still 7.71 million (down from a record 7.7m the month before), with the NHS bracing for a difficult winter.

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NY Attorney General files lawsuit to recoup $2.2M in crypto lost to job scam

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NY Attorney General files lawsuit to recoup .2M in crypto lost to job scam

Victims in New York were promised “well-paying, flexible jobs,” only to be tricked into a crypto scam, according to New York Attorney General Letitia James.

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Crypto to ‘Banana Singularity,’ Bybit halts India services, and more: Hodler’s Digest, Jan. 5 – 11

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Crypto to ‘Banana Singularity,’ Bybit halts India services, and more: Hodler’s Digest, Jan. 5 – 11

Real Vision co-founder and CEO Raoul Pal says crypto is heading for ‘Banana Singularity,’ Russia seizes $10M in Bitcoin, and more: Hodler’s

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Kemi Badenoch calls on Sir Keir Starmer to sack Tulip Siddiq over property allegations

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Kemi Badenoch calls on Sir Keir Starmer to sack Tulip Siddiq over property allegations

Conservative Party leader Kemi Badenoch has called on Sir Keir Starmer to sack Treasury minister Tulip Siddiq over allegations she lived in properties linked to allies of her aunt, Sheikh Hasina, the deposed prime minister of Bangladesh.

It comes after the current Bangladeshi leader, Muhammad Yunus, said London properties used by Ms Siddiq should be investigated.

He told the Sunday Times the properties should be handed back to his government if they were acquired through “plain robbery”.

Tory leader Ms Badenoch said: “It’s time for Keir Starmer to sack Tulip Siddiq.

“He appointed his personal friend as anti-corruption minister and she is accused herself of corruption.

“Now the government of Bangladesh is raising serious concerns about her links to the regime of Sheikh Hasina.”

Ms Siddiq insists she has “done nothing wrong”.

Her aunt was ousted from office in August following an uprising against her 20-year leadership and fled to India.

Ms Siddiq is also named with her aunt in Bangladesh court documents about meetings with the Russian government.

Kemi Badenoch
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Tory leader Kemi Badenoch has called on Sir Keir to sack the minister

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As economic secretary to the Treasury, Ms Siddiq is responsible for policy on both the City and tackling corruption.

She referred herself to the prime minister’s ethics watchdog on Monday following the reports about the properties.

On the same day, the prime minister said: “Tulip Siddiq has acted entirely properly by referring herself to the independent adviser, as she’s now done, and that’s why we brought into being the new code.

“It’s to allow ministers to ask the adviser to establish the facts, and yes, I’ve got confidence in her, and that’s the process that will now be happening.”

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