"The current false “truth” endlessly repeated by those who would benefit from its propagation, and by those who should know better, is that Labour governments are fiscally profligate and/or incompetent compared to other parties' governments.
We have therefore looked at the respective records of both Conservative and Labour governments over the recent decades, and find that on several key indicators, including budget deficits and surpluses, Labour governments have been on balance more fiscally “conservative” than Conservative or Conservative-led governments."
Whenever people want to attack Labour, they always say that the Tory government can be trusted more with the country's finances. Those two paragraphs are the opening paragraphs from this article.
www.primeeconomics.org/articles/taq30tk04ljnvpyfos059pp0w7gnpe
They have looked at Tory and Labour records since at least the 1970s, and in some cases before that.
It's a very long article with lots of graphs, for those who are interested.
However, the main point is that Labour governments always run the economy better than the Tory ones.
I wonder why the newspapers always tell us differently.