GDP falls – John McDonnell responds
John McDonnell MP, Labour’s Shadow Chancellor, responding to news that GDP fell by 0.3% in November 2019, said:
“After a decade of decay in our public services this is yet more evidence that weak growth is continuing under the Tories.
“Our production sector and manufacturing growth are suffering as a result of ongoing Tory mismanagement and incompetence.
“Labour will continue to hold the Government to account for its disastrous economic record, and fight for the investment that is needed to restore public services and tackle the climate emergency.”
Notes to editors
The latest ONS figures show GDP falling by 0.3% in November 2019: https://www.ons.gov.uk/economy/grossdomesticproductgdp/bulletins/gdpmonthlyestimateuk/november2019
Production fell by 0.6% in the three months to November 2019 with growth in manufacturing at -0.8%, showing “continued signs of weakness” according to the ONS.
The ONS has described “widespread weakness within manufacturing”: https://www.ons.gov.uk/economy/economicoutputandproductivity/output/bulletins/indexofproduction/november2019