Rachel Reeves responds to GDP figures released today

Rachel Reeves MP, Labour's Shadow Chancellor, responding to GDP figures released today, said:

“Today’s numbers underline the failure of this Tory government to grow our economy, leaving us lagging behind on the global stage. 

“These are challenging economic times, but there is a choice. We can continue down the road of managed decline, falling behind our competitors, or we can draw on bold thinking to propel us forward.

“That is why Labour will make our economy stronger and get it growing, with our Green Prosperity Plan and an active partnership with business.” 

Ends

Notes

The UK economy shrank by 0.3% in the three months up to October, compared with the three months up to July.