The UK’s economy was contracted by 0.3 percent in another setback for Rhel Raves in April, showing office data for national statistics.
Chancellor – who unveiled his spending review yesterday – admitted that the latest GDP figures were “clearly disappointing”, but insisted that their plan for the economy would help give development.
“Our number one is giving development to invest more money in people’s pockets through our plan for mission change, and while these numbers are clearly disappointing, I am firm to distribute on that mission.
“In a review of tomorrow’s expenses, we determined how we would distribute employment and development – whether it is improving the area of the city, a record investment or size nuclear power station in cheap homes. We are investing in Britain’s renewal to improve working people”.
On Wednesday, Chancellor unveiled NHS, unveiling major boosts for social housing and defense, as well as record investment in its expenses schemes.
But experts warned that he would have to break the pledge of his manifesto Raise taxes Or to increase much more borrowings to pay for his promises.
This is a braking story, more to follow …
