UK economic growth ‘going backwards’ after GDP shrinks by 0.3% in October – business live

Rachel Reeves, Labour’s Shadow Chancellor of the Exchequer, has warned that economic growth is ‘going backwards’, after GDP shrank 0.3% during October.

“Rishi Sunak ends the year having failed to deliver on his own promise to grow the economy. Economic growth is going backwards leaving working people worse off.

“After thirteen years the Conservatives have failed on the economy and after…