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Chris Leslie MP, Labour’s Shadow Financial Secretary to the Treasury, commenting ahead of the IMF’s visit to Britain and TUC analysis of economic growth in 33 IMF countries, said:
“George Osborne should not arrogantly dismiss the advice of the IMF team flying into London this week. It’s time the Chancellor listened to their warnings that his failing economic policies are playing with fire and that Britain now needs a plan B for jobs and growth.
“This TUC analysis, based on IMF figures, shows that in the global race David Cameron is so fond of talking about Britain is falling behind as our competitors move ahead. The slowest recovery for 100 years means living standards are falling, the deficit is not coming down and long-term damage is being done.
“What we need now is a plan for jobs and growth and long-term reforms to strengthen our economy, not more of the same failing policies and a tax cut for millionaires.”