GDP: Reeves’s plan for growth leaves “economy on life support”

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Responding to GDP shrinking by 0.1% in January, Liberal Democrat Treasury spokesperson Daisy Cooper MP said:

“The Chancellor’s wretched Budget has left our economy on life support so the Spring Statement must deliver a much needed shot in the arm. 

“Just as the Chancellor’s jobs tax is set to hammer small businesses and plunge high streets into despair, the Government’s refusal to negotiate a bespoke UK-EU Customs Union to unleash economic growth is baffling. 

“At the Statement, the Chancellor must admit that her Budget has failed to reverse the years of Conservative economic vandalism and put forward a new plan that unleashes the growth potential of small businesses up and down the land.” 

ENDS