Sales Figures: Booming High Street Can't Carry Economy Forever
1.44.18pm BST (GMT +0100) Wed 30th Jul 2003
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Matthew Taylor MP, Lib Dem Shadow Chancellor
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Matthew Taylor MP, Liberal Democrat Shadow Chancellor, responding to the latest retail sales figures from the CBI that showed sales growing at the fastest rate since 2002, said:
"Following record borrowing figures, it is not surprising to see people spending their newly borrowed money."
"But a boom on the high street won't make up for the bust in manufacturing."
"Spending financed by debt can't rescue Gordon Brown in the long run."
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