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GDP figures 'confirm we're all getting poorer', senior Conservative says
Posted
August 14, 2025
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August 14, 2025
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7:31Now PlayingShadow business and trade secretary, Andrew Griffith, says the latest GDP figures are "confirming we're in a period of stagflation" and that "we're all getting poorer".
He says: "That means the economy's not growing, but the cost of living in ordinary people's weekly shop is going up at a much faster rate - about ten times faster than the economy is growing. So we're all getting poorer."
But he does admit "any growth is better than no growth at all."
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