Latest figures from the Office for National Statistics show that GDP fell by 0.1% in October. Services showed no growth while production and construction contracted…
Reeves responds: “While the figures this month are disappointing, we have put in place policies to deliver long-term economic growth.” Shadow Business Secretary Andrew Griffith meanwhile says it’s “clear the government has no growth plan. The economy is now flatlining and urgently needs CPR from the reversal of Labour’s jobs tax and a replacement Chancellor.”
Construction fell 0.4% and production 0.6%. Pubs, restaurants, retail, and oil and gas fell. That means in the the three months to October the economy only posted growth of 0.1%. There won’t be happy faces at the Treasury this morning…
Kemi Badenoch at the 1922-ConHome bash last night:
“I did praise [Burnham] for his stamina, it was amazing. All I had to do was sit back and lie there. I didn’t have to do anything at all…”