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Budget fails to tackle slow economic growth, says Labour

The article from MSN discusses Labour's critique of the UK government's budget, claiming it fails to address the issue of slow economic growth. Labour's Shadow Chancellor, Rachel Reeves, argued that the budget lacks a comprehensive plan to stimulate economic growth, focusing instead on short-term measures. She highlighted that despite some positive steps like extending the energy price guarantee, the budget does not provide sufficient investment in key areas like green industries or infrastructure, which are vital for long-term economic health. Reeves also criticized the government for not doing enough to help with the cost-of-living crisis, suggesting that the measures announced would not significantly alleviate the financial pressures faced by many households. The article also notes that while the government claims the budget will support growth, Labour insists that without addressing underlying structural issues, the UK's economic growth will continue to lag behind other G7 countries.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/budget-fails-to-tackle-slow-economic-growth-says-labour/ar-AA1vsy3H ]