Chancellor Rachel Reeves has accused Jeremy Hunt of lying about the public finances. Ms Reeves said the former chancellor owes the public an apology for the "state of the public finances and the public spending pressures that they have left for their successors to clear up." Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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00:00The only people who knew about the 22 billion pound black hole, the reserve for
00:06emergencies had been spent three times over before I became Chancellor, just
00:10three months into the financial year. The only people who knew that were the
00:13previous government, the previous Prime Minister and the previous Chancellor
00:17Jeremy Hunt and they should apologise to the country for the state of the public
00:22finances and the public spending pressures that they've left for their
00:26successors to clear up. Well he was not honest and the word I used was cover up
00:31yesterday and I think that is the right word because they covered up from the
00:35country the true extent of those pressures and we were in the House of
00:39Commons for two hours yesterday and the shadow Chancellor has been touring the
00:43television studios this morning and the one word that we haven't heard from him
00:47is sorry and that's the one word we need to hear from him for the state of the
00:52public finances and public spending pressures after 14 years of
00:56Conservative government.