Minister insists 'we do have money to spend' despite £22bn 'black hole'

Science Secretary Peter Kyle has insisted the government does "have money to spend" despite a £22bn "black hole" in public finances. He said: "I mean, government does have money to spend. It's how you actually invest." When asked why Labour is so concerned about the £22bn black hole, he added: "Because what you have to do is two simultaneous things. We have to fix the damage left that was inherited by the previous government, that awful £22bn black hole. But we also need to get the economy growing." Read the latest: https://news.sky.com/story/politics-latest-tory-conference-leadership-jenrick-badenoch-cleverly-tugendhat-12593360 #SundayMorningWithTrevorPhillips #TrevorPhillips #Politics #Sunday #Westminster SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales