Tuesday 27 July 2021 / 5:28 PM Bridget Phillipson / Economy

Labour responds to IMF economic forecasts

Bridget Phillipson MP, Labour’s Shadow Chief Secretary to the Treasury, responding to new IMF forecasts on the UK economy’s growth, said:

“The UK suffered the worst economic crisis of any major economy in 2020 thanks to the decisions of this government. Yet they seem happy to sit back and rely on Rishi Sunak’s plan which has seen all five of its flagship policies fail a year since it was announced.

“Growth stalled under the Conservatives in the years leading up to the pandemic – and these forecasts show that under Rishi Sunak, our recovery is at risk.

“Labour would get our economy firing on all cylinders through a long-term plan to buy, make and sell more in Britain.”