{"id":145519,"date":"2023-11-25T13:20:56","date_gmt":"2023-11-25T13:20:56","guid":{"rendered":"https:\/\/celebritywshow.com\/?p=145519"},"modified":"2023-11-25T13:20:56","modified_gmt":"2023-11-25T13:20:56","slug":"tories-write-to-rachael-reeves-saying-she-got-sums-on-economy-wrong","status":"publish","type":"post","link":"https:\/\/celebritywshow.com\/world-news\/tories-write-to-rachael-reeves-saying-she-got-sums-on-economy-wrong\/","title":{"rendered":"Tories write to Rachael Reeves saying she got sums on economy wrong"},"content":{"rendered":"
Rachel Reeves was under pressure to apologise for ‘scaremongering’ last night after wrongly claiming the economy is on course to shrink.<\/p>\n
Conservative Party chairman Richard Holden called on Labour’s Shadow Chancellor to ‘correct the record’ after she claimed that the economy was expected to be \u00a340billion smaller in 2027 than was forecast in March.<\/p>\n
Mr Holden said figures from the Office for Budget Responsibility this week showed that the economy was expected to be 0.6 per cent bigger in 2027 than had been predicted earlier this year \u2013 equal to an improvement of around \u00a315billion.<\/p>\n
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Labour’s Rachel Reeves Shadow Chancellor (Pictured) was under pressure to apologise for ‘scaremongering’ last night after wrongly claiming the economy is on course to shrink.<\/p>\n
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Conservative Party chairman Richard Holden (Pictured) called on Labour’s Shadow Chancellor to ‘correct the record’ and\u00a0apologise for ‘scaremongering’ claims<\/p>\n
In a letter to the Shadow Chancellor last night, Mr Holden said there appeared to be ‘a \u00a355billion gap between what you say and reality’.<\/p>\n
He said Ms Reeves appeared to have failed ‘either deliberately or recklessly’ to take account of a major upward revision to the UK’s past growth rates by the Office for National Statistics, which showed the UK had recovered from the pandemic quicker than either France or Germany.<\/p>\n
Mr Holden wrote: ‘At every opportunity the Labour Party resorts to scaremongering and defeatism \u2013 instead of celebrating the resilience of our economy and the strength of British businesses up and down the country.’<\/p>\n
Labour has been approached for comment.<\/p>\n