Shadow Chancellor Mel Stride has issued a stark warning about the UK economy, stating that inflation figures are "worse than presented" with the rate staying at 3.4 per cent from April to May.

Speaking to GB News, Stride cautioned that the Government risks creating an economic "doom loop" if it implements tax rises in the autumn.

Shadow Chancellor Mel Stride has issued a stark warning about the UK economy, stating that inflation figures are "worse than presented" with the rate staying at 3.4 per cent from April to May.Speaking to GB News, Stride cautioned that the Government risks creating an economic "doom loop" if it imple...{ai:summary}<p>Shadow Chancellor Mel Stride warns that UK inflation figures are misleading, remaining at 3.4% from April to May. He cautions that tax increases in the autumn could lead to an economic "doom loop." </p><p>#economy</p>

Labour's inflation figures are 'worse than those being presented', Stride tells GB News

Loading...