The Chancellor was blamed for the slowdown during her first three months in office, with critics saying she had talked down the economy.
The Chancellor was blamed for the slowdown during her first three months in office, with critics saying she had talked down the economy, leaving businesses and households hesitant to spend.
Figures from the Office for National Statistics yesterday showed gross domestic product grew by just 0.1 per cent in the third quarter from July to September. That was worse than economists predicted, leading Ms Reeves to admit she was 'not satisfied'.Growth had enjoyed a strong start to the year yet, upon taking power, the Chancellor repeatedly insisted that the economic inheritance from the Tories was the worst for any new government since the Second World War.
Figures from the Office for National Statistics yesterday showed gross domestic product grew by just 0.1 per cent in the third quarter from July to September with the PM saying the figures were 'not good enough' 'And of course now what they've done is follow it up with a Budget that has indeed ramped up taxes, particularly taxes that are going to bear down on growth.'
The disappointing ONS figures came as a blow to Ms Reeves the day after a keynote speech in which she outlined a plan to boost growth by creating Australian and Canadian-style pension 'megafunds' to unlock £80 billion for investment. Shadow Chancellor Mel Stride, pictured, told Times Radio: 'I'm afraid they're reaping to a degree what they've done in terms of talking the economy down'
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