No growth in July. I can't remember so much being made of monthly figures before. The previous quarter had two poor months, then a very good one.
Daisy Cooper, the Liberal Democrats’ Treasury spokesperson, said: “The government talks of going full-throttle on growth but the reality is they have left the handbrake on.
“Their growth-crushing jobs tax risks hollowing out our high streets and ministers’ refusal to jettison their shortsighted red lines on cutting red tape with Europe is holding back our exporters.”
The latter point there is bollocks. The Lib Dems only see the Single Market as a long term aim- ie we shouldn't even be trying to negotiate entry now. What they think we should be doing is negotiating a bespoke Customs Union- is that even on offer? That would not be quick either. This has become their equivalent of the a Wealth Tax, something which funds everything they want and signals they're on "the right side', irrespective of the result of the policy.
Fair point about Employers' NI, but you can't have the spending if you won't raise taxes. They ruled raising the major taxes just like Labour did, so hard to see they wouldn't be in the same mess. Add in their "not those house there" and I think their party of growth thing maybe less than convincing.
