Left Watch

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Labour's decade was worst for economic growth in whole post-war period

The FT has the report:

"The UK in the first decade of the new century recorded the lowest economic growth of the postwar period and the worst returns for stock market investors since the 1930s, according to a Financial Times analysis of official and market data. Information provided by the Office of National Statistics to the FT shows that gross domestic product, on average, rose by 1.7 per cent annually in real terms throughout the so-called noughties, Britain's weakest period of economic expansion of any since the 1940s. Manufacturing was particularly hard hit and, on average, after adjusting for inflation, output actually contracted over the decade by 1.2 per cent annually."

It's the same economic failure with EVERY Labour government. It's time for ToryBear's great video again...