YEARS OF STAGNATION AWAIT BRITAIN AS LABOUR GIVES UP ON GROWTH
https://s.yimg.com/ny/api/res/1.2/uRCvPRApfn8nm58en4iRNQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NDg-/https://media.zenfs.com/en/the_telegraph_258/256cbfcbc6d35add1f3c157c97190fa6
✍️ Sir Keir Starmer's flagship pledge to grow the economy and raise living standards is in tatters, with the Government's own tax and spending watchdog delivering a damning verdict.
👉 The OBR has downgraded its growth forecasts for real household disposable income 👉 Growth is expected to ease from 3pc in 2024-25 to an average of 0.25pc a year over the forecast 👉 The long squeeze on pay shows no signs of abating 👉 Workers' real terms hourly pay is still expected to be 0.5pc below its 2009-10 level by the end of this decade
-- #SirKeirStarmer #DavidMiles #RishiSunak #AdrianPabst #TomJosephs #PaulJohnson #RichardHughes #RuthCurtice #economy
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