Labour won't say when people will feel better off as UK economy grows

dailyrecord.co.uk:

Labour won't say when people will feel better off after the UK economy grew by more than expected in the last three months of last year.Gross domestic product (GDP) - the means of judging how healthy the economy is - edged 0.1 per cent per cent higher between October and December.But Labour minister Matthew Pennycook said he would not “pick an arbitrary date” for when people will start to feel better-off.Asked when people would begin to have more money in their pockets, the housing minister told BBC Breakfast: “I’m not going to pick an arbitrary date to give you for that, but we’re absolutely focused on boosting living standards.

That’s at the heart of our plan for change.“Wages have increased. People can expect and look forward to that rise in the minimum wage that comes into effect in April.”The economy expanded by 0.4 per cent in December, which is better than most analysts expected.

This marked a pick up following a 0.1 per cent rise in November and a 0.1 per cent fall in October.Labour Chancellor Rachel Reeves said she is “still not satisfied” with the figures.She told broadcasters: “The growth numbers have come in higher than many expected, but I’m still not satisfied with the level of growth that our economy is achieving.“And that’s why I am determined to go further and faster in delivering the economic growth and the improvements in living standards that our country deserves.”SNP Economy spokesperson Dave Doogan claimed things had gotten worse under Labour.

He said: “The Labour Party promised to fix Brexit Britain’s broken economy but instead it has made things even worse - with the weakest possible growth, GDP per person falling, increased unemployment, rising prices and looming austerity cuts.“Families and