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The economy flat-lines but Osborne hails it as “positive news”

The economy flat-lines but Osborne hails it as “positive news”

July 26, 2011 No Comments

The increasingly embattled Chancellor of the Exchequer, George Osborne was greeted with more bad news when he opened the file containing the latest growth figure this morning. The economy grew by one fifth of a percent in the second quarter of the year, way off the target of 0.8% needed to stay on track with ...

Wealth figures highlight state of economic decline say Tories

December 9, 2009 No Comments

Today’s publication of the latest Gross Value Added (GVA) figures showing that prosperity levels in Wales remain the lowest of any UK nation or region. Shadow Minister for the Economy David Melding AM said: “Today’s figures show that ministers’ claims to be confident of delivering economic prosperity for Wales have a very hollow ring. “A ...

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Opposition parties round on Labour over unemployment

November 11, 2009 No Comments

Commenting on today’s unemployment figures for Wales, Welsh Lib Dem Shadow Economy Minister, Jenny Randerson AM said: “Another month, another set of figures show that Welsh families are more likely to be facing unemployment and hardship than most other places in the UK. “We are continuing to see high unemployment, high economic inactivity, and high ...

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Gillan: “recession plans not working”

Gillan: “recession plans not working”

November 11, 2009 No Comments

Commenting on the latest unemployment figures published today, Shadow Secretary of State for Wales Cheryl Gillan MP said: “Unemployment in Wales continues to be a blight on the economy and on the lives of workers and their families struggling to survive Labour’s recession. “In the last year 600 jobs a week have been lost in ...