GDP stats: Sunak has failed to get a grip on the economy
EMBARGO: IMMEDIATE RELEASE
Responding to latest GDP stats which show the UK economy shrank by 0.5% in July 2023, Liberal Democrat Treasury spokesperson Sarah Olney MP said:
"The Conservative government's mismanagement of the economy is a burden on any chance of growth.
"Rishi Sunak has utterly failed to get a grip on the cost of living crisis as mortgage costs continue to spiral and the price of a weekly shop goes through the roof.
"Mortgage arrears are now at their highest since 2016 and families are wondering if they will once again be forced to choose between heating and eating this winter.
"This out of touch Conservative government has completely failed on the economy."
ENDS