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MP welcomes ‘economy turning point’ in Spring Statement


14th March 2019

West Worcestershire MP Harriett Baldwin has welcomed the Chancellor’s Spring Statement which confirms the economy is at a turning point.

Chancellor Philip Hammond confirmed that wages have risen faster than previously expected, with wages growing faster than prices in each year and reaching 3.3 per cent growth in 2023.

The economy is also seeing record levels of employment and job numbers are expected to rise, with 600,000 more jobs by 2023.

The Chancellor also set out new measures to help the economy to grow including investing in the infrastructure, skills and the new technologies which will shape the global economy.

Harriett commented: “The UK public finances have reached a turning point. I am delighted that our economy will continue to grow at a faster rate than Germany, with the jobs market continuing to thrive.

“This is a solid foundation on which to build Britain’s economic future post-Brexit, with support for our world-class public services able to go up.

“With record levels of jobs and pay rates rising, I am sure people across West Worcestershire will welcome this upbeat news which may have been lost while Parliament debates other matters this week.”



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