Labour is facing fresh questions about its stewardship of the economy today as official growth figures were revised down to zero.
The Office for National Statistics said UK GDP flatlined in the three months from July, when Sir Keir Starmer swept to power.
The government is already under mounting pressure over the October Budget, which critics say hammered firms with huge cost increases.
Last night the The Confederation of British Industry (CBI)said the economy was heading for the ‘worst of all worlds’ in 2025 as businesses grapple with Chancellor Rachel Reeves‘ ‘tax-bomb’ fiscal statement.
This morning Ms Reeves said: ‘The challenge we face to fix our economy and properly fund our public finances after 15 years of neglect is huge.
‘But this is only fuelling our fire to deliver for working people.
‘The Budget and our Plan for Change will deliver sustainable long-term growth, putting more money in people’s pockets through increased investment and relentless reform.’
