UK economy at near-standstill as uncertainty over the budget and high interest rates weighed on consumer spending

Nigel Huddleston, the MP for Droitwich and Evesham, who was recently appointed as co-chairman of the Conservative party, has added his words to reaction to today’s weak GDP figures.

He said on social media that he agreed with Mel Stride’s interpretation, and that they reflected weak business confidence in the new government.

This Labour government has done nothing but trash talk the British economy, British business, and British workers since coming to power – and then topped it off with the most ant-business budget in decades. The inevitable result: slower growth.

Unfortunately the nerves and angst post-budget don’t bode well either. The Labour budget of broken promises also disproportionately affects women’s employment, female led small businesses and impacts single parents opportunities.

This is a must do better moment for this feeble Government – for our economy – as we all simply can’t afford Labour and our public services will suffer if we buckle under low growth and out of control borrowing.