Tories: Economy too weak to cope with soaring heating costs

ODN

Shadow Chancellor Sir Mel Stride says the "mismanagement of the economy" has led to "very low growth, high tax and rising unemployment", which he says has put the country in a weaker position to deal with soaring heating costs as a result of the Iran war. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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00:00Well I think we have to see what the detail is like. It needs to be as targeted as possible

00:05on

00:05those who need the support. But there's a broader point here which is that if you're going to

00:10intervene there'll be more calls I suspect for more intervention in different areas particularly

00:14if the war continues. You need to have a strong economy in order to do that and we don't have

00:19that at the moment. I'm afraid the mismanagement of the economy on this government's watch has

00:24meant very low growth, very high tax, high and rising unemployment, high inflation and

00:30that's not a good starting point to face into a considerable economic shock that may be coming our way.

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