25th February 2010

Osborne Would Put the Recovery At Risk

Issue


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  • George Osborne's Mais Lecture.

Key points

  • Labour's first priority now is to secure the recovery - in contrast to George Osborne's dangerous plan to slam on the brakes.

  • Liam Byrne MP Labour's Chief Secretary to the Treasury, Responding to George Osborne's Mais Lecture, said:

    "George Osborne had the chance to come clean about his spending plans - and he bottled it. The only thing he made clear in the Mais Lecture was that he's still ready to put economic recovery at risk.

    "He wants to start cutting support to economy now at the expense of jobs and public services.

    "This is in spite of the warnings yesterday from the international experts that to do so too soon could put the recovery at risk.

    "We have offered a clear plan - to halve the deficit in four years while protecting the economy. George Osborne still can't or won't offer any plan to deal with the deficit of the economy.

    "All we ever hear from George Osborne is talking Britain down."

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