Liberal Democrats in Business

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SALES FIGURES SHOWS CHANCELLOR IS ON EVER THINNING ICE - TAYLOR

12.00.00am BST (GMT +0100) Thu 19th Jun 2003

Matthew Taylor MP

Matthew Taylor MP, Lib Dem Shadow Chancellor of the Exchequer

Reacting to the latest retail sales figures, which show a fall of 0.1% in May, Matthew Taylor MP, Liberal Democrat Shadow Chancellor, said:

"So far the Chancellor has been able to weigh booming consumer spending against manufacturing recession. But he is skating on ever thinning ice.

"As the recession in manufacturing spreads to sales, the Chancellor is faced with the prospect of an imbalanced economy turning into a no-growth economy.

"If Britain is to earn the money to pay for the Chancellor's spending plans, the economy's problems must be addressed."

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[Previous news story]: MPC MINUTES: HOUSEHOLD DEBT SHACKLES RATES DECISION (Wed 18th Jun 2003).
[Next news story]: HAIN EXPOSES BROWN'S DIRTY SECRET ON TAX (Fri 20th Jun 2003).

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[Retail Sales Figures Worrying]

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[The Chancellor Must Avoid Spin and Ensure The Public Trusts The Governments Figures]

Fri 23rd Jan 2004:

[Retail Sales Figures Fuelling Consumer Debt - Cable]

Fri 22nd Aug 2003:

[Growth Figures Show Chancellor Must Act To Save Manufacturing Jobs-Taylor]

Mon 11th Aug 2003:

[Taylor Comments On Trade Deficit Figures]

Wed 30th Jul 2003:

[Sales Figures: Booming High Street Can't Carry Economy Forever]

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[BROWN LOOKING MORE ISOLATED ON ECONOMIC GROWTH FIGURES - TAYLOR]

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