GDP figures show the economy is recovering

April 28, 2015 6:32 PM
Originally published by UK Liberal Democrats

GDP figures released show that in the three months to the end of March, the UK economy grew by 0.3 per cent.

Commenting on the figures, Liberal Democrat Chief Secretary to the Treasury Danny Alexander said:

"The British economy is recovering well, but these figures remind us that there is still work to do to secure the recovery.

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"Though volatile construction data shows a big dip, the underlying figures show that we are still making solid progress across the wider economy.

"Britain will continue to grow at a healthy rate if we stick to a sensible, balanced, timely plan to finish the job and do it fairly.

"The Tory plans to lurch off to the right with unnecessarily deep cuts and a frenzy of unfunded tax giveaways is a real threat to all the hard earned progress we've made to date.

"Labour's plans for more borrowing and more debt will push the recovery off track.

"A fair and balanced plan in a stability budget to deal with the deficit and grow the economy will be a red line for Liberal Democrats after the election because it is the only way to keep the recovery on track."