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  • 10 months ago
Policing minister Sarah Jones has said that despite recent interest rate cuts and rising investment, many people “aren’t feeling the benefits”. Speaking ahead of the upcoming Budget, she said Labour would prioritise investment in public services and economic growth, rejecting what she called the Conservatives’ “managed decline” of the UK economy. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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00:00So I can't say what's going to be in the budget. Obviously the decisions have not yet been taken,
00:05we haven't had the OBR forecast published yet, and the Chancellor will make those decisions,
00:12not me. But what I can say is that we have progress in the number of interest rate cuts
00:17that we've seen. We're the fastest growing economy in the G7, people are investing in this country,
00:22but a lot of people don't feel the benefits of that. The economy feels sticky for a lot of people,
00:27and we know that the OBR budget work that they have done on productivity is going to show that
00:34austerity, Covid and of course that botched Brexit deal has actually hurt our country more than we'd
00:42originally thought. So there are decisions to be made, but we will make those decisions based on
00:47investing in our public services and growing the economy. We do not accept
00:51the managed decline that the Conservatives oversaw.
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