Rachel Reeves now repeating the “no magic money tree” chestnut.

There is a magic money tree. It’s called borrowing from the Bank of England. It’s been abused by this govt during Covid with £bns going to mates/wasted, but it never gets shaken for the poor.pic.twitter.com/Bj4rK7V0HG

— Mike Galsworthy (@mikegalsworthy) March 7, 2024