Rachel Reeves reacts to GDP figures showing no growth in April

Rachel Reeves, Shadow Chancellor, discusses the UK's economic state, criticizing the Conservative government's handling and presenting Labour's plan for growth. She highlights the lack of growth over 14 years and Labour's strategy for stability, investment, and reform. The discussion includes potential impacts on mortgages and the importance of economic stability. Reeves refrains from speculating on Bank of England's interest rate decisions but acknowledges the financial strain on families.

What reason does the ONS give for the recent economic stagnation in the UK?

• Political instability

• Bad weather

• Global recession

• High inflation

According to Labour, what is lacking in the Conservative government's economic approach?

• A plan for growth

• Support for small businesses

• Focus on technology

• Environmental policies

What is a key component of Labour's plan to stimulate the economy?

• Reducing taxes

• Increasing public spending

• Building economic stability

• Cutting interest rates

What does Labour propose to introduce to ensure economic stability?

• More government jobs

• Increased foreign investment

• New spending rules

• Higher taxes

How does Labour plan to support future business opportunities?

• By reducing regulations

• Through a national Wealth Fund

• By increasing tariffs

• Through tax incentives