Responding to the latest statistics which show a recession is looming as the economy shrank by 0.2% in three months to September, the SNP’s Shadow Chancellor Alison Thewliss MP said:
“These latest figures must serve as a final wake-up call for the Prime Minister and his Chancellor to deliver real support to protect struggling households and businesses, and ditch their austerity agenda.
“With a long and deep recession looming, the grim reality is that far too many people are frightened to open their bills, and are unable to put food on the table or heat their homes.
“These statistics are a damning indictment of the Tories’ disastrous economic record – driven by deep austerity, targeting of the most vulnerable in society, and imposing an extreme Brexit that has hammered the economy, trade and led to staff shortages.
“It’s beyond any doubt that only with the full powers of independence will we be able to properly tackle the cost-of-living crisis, escape Westminster control, and build a fairer and more prosperous future.”