Rachel Reeves responding to the news the UK entered recession

GDP first quarterly estimate, UK: October to December 2023

Rachel Reeves, Labour’s Shadow Chancellor, responding to the news the UK entered recession, said:

“Rishi Sunak’s promise to grow the economy is now in tatters.

“The prime minister can no longer credibly claim that his plan is working or that he has turned the corner on more than fourteen years of economic decline under the Conservatives that has left Britain worse off. This is Rishi Sunak’s recession and the news will be deeply worrying for families and business across Britain.

“It is time for a change. We need an election now to give the British people the chance to vote for a changed Labour Party that has a long-term plan for more jobs, more investment and cheaper bills. Only Labour has a plan to get Britain’s future back.”