For immediate release
Responding to the Bank of England cutting the UK’s growth forecast in half, John O’Connell, chief executive of the TaxPayers' Alliance, said:
“This latest downgrade to UK growth forecasts will come as no surprise to taxpayers and businesses in the real world, who are paying the price for the economic vandalism unleashed at the budget by Rachel Reeves and clueless treasury officials.
“Time and time again politicians talk about growth but their words are never converted into action, leading our economy into a downward spiral of sluggish decline.
“If Reeves genuinely wants to go for growth, she must reverse her damaging jobs tax hike, stop pursuing ruinous net zero policies, and bring the cost of government under control."
TPA spokespeople are available for live and pre-recorded broadcast interviews via 07795 084 113 (no texts)
Media contact:
William Yarwood
Media Campaign Manager
[email protected]
24-hour media hotline: 07795 084 113 (no texts)
Notes to editors:
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Founded in 2004 by Matthew Elliott and Andrew Allum, the TaxPayers' Alliance (TPA) campaigns to reform taxes and public services, cut waste and speak up for British taxpayers. Find out more at www.taxpayersalliance.com.
- TaxPayers' Alliance's research council.