00:00By the next election, after accounting for inflation,
00:04people are forecast to be £1,000 better off per year.
00:12Oh, I didn't hear them that time.
00:15We promised change, Mr Speaker, and we are delivering that change.
00:19The economy is growing, living standards are rising,
00:23and inflation has fallen.
00:25But I'm not satisfied yet with these forecasts.
00:28I know that the economy is not yet working for everyone
00:32and that the deep economic scars left by the party opposite
00:35and their mates in reform are still blighting the lives of too many people.
00:41In today's forecasts, unemployment is set to peak later this year
00:45and then fall in every year of the forecast period,
00:50ending the forecast period at 4.1%,
00:54lower than it was at the start of the Parliament.
00:58happening in boldness at the start of the York City Hall.
00:59the European Union has all begun to go.
00:59MARTIN
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