The Chancellor believes the Government has taken tough decisions to get the public finances back on track and the benefits of public investment and planning reform will boost growth.
Carl Emmerson, deputy director of the Institute for Fiscal Studies, said her focus on investment was 'commendable' and could deliver long-term benefits, but in the short term any failure to deliver growth could leave her facing more questions on tax and spending.
The latest Office for National Statistics figures have shown the economy contracting by 0.1% in October following a similar fall in September the first time gross domestic product has shrunk in two consecutive months since the pandemic hit in March and April 2020.
This story is from the December 27, 2024 edition of Manchester Evening News.
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This story is from the December 27, 2024 edition of Manchester Evening News.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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