UK Politics

Labour Party: The OBR's forecast reminds us of the government's risks with the economy - Johnson

News   •   Nov 30, 2010 10:58 GMT

Alan Johnson MP, Labour’s Shadow Chancellor, commenting on the Office of Budget Responsibility's forecast, said:

"The OBR's forecast for a weak recovery reminds us all of the risks this government has chosen to take with the economy. 

“Growth forecasts have been cut for the next two years as the  momentum in the economy this year fails to feed though to future years. 

“And the OBR warns that it now expects unemployment to rise next year.

“For families up and down the country a jobless recovery is no recovery at all."