Tory Brexit could extend austerity for two years - John McDonnell
John McDonnell MP, Labour’s Shadow Chancellor, responding to the IFS analysis, which shows that austerity would be extended for a further 2 years under a Tory Brexit, said:
“The analysis from the IFS further underlines what a disaster it would be for the UK to risk a Tory Brexit under the Chancellor’s recovery built on sand.
“We all know that the Tories want to use Britain leaving the EU as a pretext to slash workplace protections, but things could be even worse if a Tory Brexit led to even more austerity to try and meet George Osborne’s self-imposed and self-defeating deficit targets.”
“Labour wants to remain and reform the EU so we can work in unison with our European neighbours to grow our economy and create jobs. “
russalex
