Tuesday 10 December 2019 / 10:30 AM Economy / John McDonnell

Five more years of economic failure if the Conservatives win – John McDonnell

John McDonnell, Labour’s Shadow Chancellor, responding to news that the British economy saw no growth in the last three months and manufacturing output falling by 1.5%, with 0.7% over the year the worst since 2012, said:

“We can look forward to five more years of economic failure and stagnation if the Conservatives win the election.

“Labour will get the economy moving with a first Budget on 5 February to end cuts once and for all, while the Conservatives will continue with the same approach that has left earnings below where they were ten years ago.

“Labour has an ambitious plan to put money in your pocket by boosting productivity and growth, and our first hundred days in government will deliver real change to the economy after years of going backwards.”