“The reality is the way the Government runs our economy is trapping us in a high tax, low growth cycle.
“Despite government bluster, with their current plans our position is not expected to improve. The latest Bank of England forecast suggests that growth will slow to a crawl next year. That would be the slowest growth of any G7 economy.
“Rising taxes, rising prices, and a squeeze on wages and living standards sit squarely on the shoulders of the Conservatives.
“Labour has a plan to build a stronger economy, based on an understanding that Britain’s prosperity is found in the effort and talent of tens of millions of ordinary people, as well as backing the sectors that will help drive the industries of the future.”