Monday 4 October 2021 / 1:17 PM Bridget Phillipson / Economy

Bridget Phillipson responds to Chancellor of the Exchequer’s speech to Conservative Party conference

Responding to the Chancellor of the Exchequer’s speech to Conservative Party conference, Shadow Chief Secretary to the Treasury Bridget Phillipson MP, said:

“The Chancellor is in denial about the scale of the economic crisis he has overseen, and today’s speech shows he has no plan or will to tackle it.

“Rishi Sunak has overseen the worst economic crisis in the G7, with our economy shrinking by 9.9% in 2020, deeper than Italy (8.9%), and France (7.8%) – and our recovery still further away than any other G7 economy.

“Instead of putting forward a plan to boost our economy and invest in the skills we need and the challenges we need to face, he’s pretending there’s no work to be done.

“Labour will tax fairly, spend wisely and grow our economy.”