Mel Stride says borrowing and taxation in Budget is a ‘break on the growth’ Labour promised

Conservative MP Mel Stride has launched a scathing attack on the government’s economic performance, pointing to disappointing GDP figures showing just 0.1 per cent growth in the latest quarter.

The figures reveal Britain’s growth rate is significantly behind major economic rivals including the United States, France and Germany.

Speaking to GB News Stride said: “What we know this morning is this 0.1 per cent increase in GDP over the last quarter, which is just one seventh of what the US has achieved.

“Well behind France and Germany is further evidence that I’m afraid this government has no plan for growth.

“I mean, in fact, in the Budget, as we know, National Insurance on employers rocketing up, which is going to be inflationary, depress wages and lead to higher unemployment.

“So I’m afraid, you know, even if you look at the forecasts that the OBR produced at the time of the budget, that shows lower growth across the forecast than they were forecasting when we were in office back in the spring.

“So great to talk about growth, but there’s a difference between talking about it and actually delivering it.”

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