Tuesday 11 February 2020 / 9:57 AM Economy / John McDonnell

Damning figures show an economy punctured by decade of decline – John McDonnell

John McDonnell MP, Labour’s Shadow Chancellor, responding to news that production output had its largest fall in 2019 since 2012, said:

“These are damning figures showing an economy punctured by a decade of decline.

“With production tumbling over 2019 at its worst rate since 2012, it is clear that the Tories’ combination of cruel cuts and economic mismanagement has sent the economy into freefall.

“The Tories lack any vision or plan for the economy, and the upcoming Budget risks another decade of disappointment.”