Today’s IMF report is yet another blow for the Government and its continued austerity agenda – McDonnell

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John McDonnell MP, Labour’s Shadow
Chancellor, 
responding
to the IMF downgrade of UK growth forecasts, said:

“Today’s report from the IMF is yet another blow for
the Government and its continued austerity agenda that is holding our country back.

“It further reveals that this government has no
real plan for Brexit and no real plan to deal with the problem of earnings not
keeping up with prices, which is undermining growth and risking living
standards.

"Only a Labour government will end austerity and
provide the vital programme of investment to boost growth in our economy,
underpinned by our Fiscal Credibility Rule, which our country desperately
needs.

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