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Rishi Sunak accused his Tory leadership rival Penny Mordaunt of going “further than Jeremy Corbyn” on government borrowing.
Referring to her commitment to allowing borrowing to fund day-to-day spending, the former chancellor said: “It’s not just wrong, it’s dangerous... Even Jeremy Corbyn didn’t go that far.”
Mr Sunak added: “If we’re not for sound money, what is the point of the Conservative Party?”
It comes after Mr Sunak scolded Liz Truss’ “something-for-nothing” economics.
He said: “This something-for-nothing economics isn’t Conservative. It’s socialism.”
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