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RETAIL GROWTH FIGURES MAKE BROWN'S FORECASTS LOOK INCREASINGLY UNREALISTIC - TAYLOR
10.59.30am BST (GMT +0100) Thu 22nd May 2003
Liberal Democrat Shadow Chancellor fo the Exchequer, Matthew Taylor MP
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Reacting to today's retail sales figures, which shows that year on year sales growth figures have fallen to 2.7%, Matthew Taylor MP, Liberal Democrat Shadow Chancellor, said: "After manufacturing and investment took a hammering last year there was always the risk that consumer borrowing would not continue to support retail sales growth. "
"That now appears to be happening. "Gordon Brown's optimistic growth forecasts look more unrealistic by the day."
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[Next story]: BROWN LOOKING MORE ISOLATED ON ECONOMIC GROWTH FIGURES - TAYLOR (Thu 22nd May 2003).
[Other news stories from May 2003 (38)]
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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]
Fri 25th Jul 2003:
[Growth Figures: Brown Says Spend To Save My Bacon]
Thu 19th Jun 2003:
[SALES FIGURES SHOWS CHANCELLOR IS ON EVER THINNING ICE - TAYLOR]
Thu 22nd May 2003:
[BROWN LOOKING MORE ISOLATED ON ECONOMIC GROWTH FIGURES - TAYLOR]
Thu 15th May 2003:
[TIME TO CALL IN THE AUDITORS TO GET A BELIEVABLE GROWTH FORECAST - TAYLOR]
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