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Ed Balls

Press Release Ed Balls

Press Releases

Labour's Chris Leslie responds to Lord Young's comments on the recession

Chris Leslie MP, Labour's Shadow Financial Secretary to the Treasury,
responding to the Prime Minister's adviser on enterprise, Lord Young’s,
comments on the UK recession, said:

"Instead of questioning whether we're in the longest double-dip recession
since the war, this complacent and out of touch Government should be doing
everything it can to get us out of it.

"The reality is that families are facing a big squeeze on their incomes,
our economy has shrunk in the two years since the spending review, long
term unemployment is at a 16 year high and that's why borrowing has now
risen by a quarter so far this year.

"Rather than denying that their policies are failing, this Government
should be changing course and kick-starting the economy with a real plan
for jobs and growth."


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