Chancellor of the Exchequer has responded to the ONS GDP statistics for Q1
2024
He said:
“There is no doubt it has been a difficult few years, but today's
growth figures are proof that the economy is returning to full
health for the first time since the pandemic.
“We're growing this year and have the best outlook among European
G7 countries over the next six years, with wages growing faster
than inflation, energy prices falling and tax cuts worth £900 to
the average worker hitting bank accounts.”
MP, Labour's Shadow
Chancellor of the Exchequer, responding to the latest
GDP figures, said:
“This is no time for Conservative ministers to be doing a victory
lap and telling the British people that they have never had it so
good. The economy is still £300 smaller per person than when
became Prime Minister.
“After 14 years of economic chaos, working people are still worse
off. Prices are still significantly higher in the shops, families
are paying hundreds of pounds more on monthly mortgage bills, and
the economy is forecast to grow by just one per cent next year.
“It's time for change. Only Labour has a long-term plan to grow
the economy, create jobs and make working people better off.”
