Lack of progress on growth "a wake-up call", says IPPR

Reacting to today’s GDP figures Pranesh Narayanan, research fellow at IPPR, said:

“This time last year, the Prime Minister pledged to get the economy growing but today’s data, showing a mild technical recession, shows a stark lack of progress.

“Chronic underinvestment in hospitals, schools, net zero, and infrastructure has created a crumbling public realm and a broken economy.

“This should be a wake-up call that spurs the government to prioritise public investment rather than irresponsible tax cuts. Let's fix our problems now rather than storing them up for later.”