Friday 20 October 2017

Price 'makes more sense on economy'

Katie Price's Tweets on the economy make more sense than Labour, Danny Alexander has claimed
Katie Price's Tweets on the economy make more sense than Labour, Danny Alexander has claimed

Katie Price's Tweets "make more sense on the economy than the Labour frontbench", a Government Minister has joked.

Chief Secretary to the Treasury Danny Alexander made the claim during a heated Commons exchange with Labour over the UK's growth prospects.

Speaking during Treasury questions, shadow chief secretary to the Treasury Rachel Reeves cited forecasts from the Office for Budget Responsibility, accusing the Government of failing to "take responsibility" for its own economic policies.

She said: "The reality is the Office for Budget Responsibility revised up its forecast for growth in the eurozone in 2011 and revised down its forecast for growth for the UK in 2011.

"The Government likes to blame everybody else for the economic troubles except for itself. First they blamed the snow, then they blamed the royal wedding, now they are blaming the eurozone.

"When is this Government going to take responsibility for its own actions that choked off the economic recovery a year ago because they are cutting too far and too fast and as a result borrowing an extra £158 billion, the cost of this Government's economic failure?"

Mr Alexander replied: "Once again she is wrong on her economic policy pronouncements. The Office for Budget Responsibility has the UK growing more slowly this year, but faster than countries in the eurozone over the next few years, that's a testament to this Government's economic policies.

"If she wants to know who's responsible at least partly for the mess this country's in, she should just look immediately to her left.

"I have to say it's come to something when Katie Price's Tweets make more sense on the economy than the Labour front bench."

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