Speeches sourced from the Labour party’s online archive More…

Chris Leslie MP, Labour’s shadow financial secretary to the Treasury, responding to the second estimate of GDP for the first quarter of 2013, said:
 
"These unrevised figures confirm that our flatlining economy is simply back to where it was six months ago. This is now the slowest recovery for over 100 years with just 1.1 per cent growth since the 2010 spending review compared to the 6 per cent forecast at the time. On jobs, growth, living standards and the deficit this government's economic policies have badly failed.
 
"As the IMF warned this week we are a long way from the strong and sustained recovery Britain needs, which is why they are telling George Osborne to act now to boost growth and jobs. Alongside sensible spending cuts and tax rises it's the only way to get the deficit down and prevent any more long-term damage being done."

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