Latest official statistics showed monthly public sector net borrowing hit £3.1billion last month. That’s a huge leap from last year’s £1.8billion and the highest July spend since 2021.

This was £3billion more than predicted by the Office for Budget Responsibility, and will only deepen the £22billion black hole Reeves claims to have identified.

Taxpayers now have even more reasons to dread her autumn Budget on October 30, which will batter us with a string of tax hikes and spending…