Saturday 24 April 2010

Brown rips up strategy to escape third place

The Times
"...As he spoke, Labour suffered a triple blow on Mr Brown’s chosen topic.Official figures showed that the economy grew by only 0.2 per cent in the first three months of the year, half the 0.4 per cent of the final quarter of 2009.Analysis showed that the economy grew more slowly under Labour than it did under the Tories between 1979 to 1997 — an average of 2 per cent a year compared with 2.2 per cent. Martin Weale, director of the National Institute of Economic and Social Research, said that Labour was not running the economy in a sustainable way."

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