The Prime Minister told us that when it came to the economy, “the good news will keep coming”. After last week’s growth figures it obviously hasn't. Instead of the 5 per cent forecast, growth in Britain came in at a depressing 0.4 per cent.
Britain's economy has flatlined for over two years, with nearly one million young people out of work. Prices are still going up faster than wages and borrowing is going up not down, by seven per cent so far this year.
The coalition’s failure on growth is having a serious, and in some cases devastating effect on the living standards of people in this area.
Only the richest are insulated. They’re set to receive a £3 billion tax cut in April while the bumper bank bonuses continue.
But for most families, working people and pensioners – the people who are paying the price for Government’s failure through tax and benefit changes - it is a different story.
David Cameron says other countries are doing worse than us but it simply isn’t true. Britain is now 18th out of the 20 G20 countries on growth, behind the USA, Canada, Germany and France because of terrible decisions he has made.
David Cameron promised change, but nothing is changing. He can’t be the One Nation Prime Minister Britain needs when he is hitting ordinary families and cutting taxes for millionaires.
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