Inflation: economy is “stuck in the mud”
EMBARGO: IMMEDIATE RELEASE
Responding to inflation falling to 2.5%, Liberal Democrat Treasury spokesperson Daisy Cooper MP said:
“This unexpected fall offers a glimmer of hope but the reality is the UK economy remains stuck in the mud.
“The Chancellor’s Budget has failed. Growth is nowhere to be found after the damaging national insurance hike and stagflation remains a real threat.
“The Conservative Party’s economic vandalism cannot be overstated but the new government’s approach has been totally flawed.
“It is time for the Chancellor to rethink and bring forward thought through ideas for growth like rebuilding our trade relationship with Europe and scrapping their counterproductive jobs tax.”
ENDS