The Conservatives say they "welcome" the surprisingly promising development figures launched by the ONS this morning, however add they take it "with a huge amount of reluctance".
Speaking to Sky’s Anna Jones, shadow setting minister Robbie Moore says: "This is just for February. We know that the OBR gave a huge amount of caution as we head into this year, projecting a reduction in growth, and also, this is before all of those punitive tax increases kick in this month, like the jobs tax, the employer’s national insurance increases, minimum wage increases, business rates increases."
He provides that enterprise certainty is "very, very low at the moment based on those tax increases that have come in this month."
Read extra: https://news.sky.com/story/politics-latest-live-starmer-trump-tariffs-labour-reeves-economy-welfare-12593360
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