Chancellor Rachel Reeves says she wants to go “further and faster and ensure that economic growth is felt by working people” following modest predictions by the OBR after Wednesday's budget. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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00:00The Office of Budget Responsibility forecasts that real household disposable income increases
00:05during the course of this Parliament by an average of 0.5% a year. That is a world away
00:11from the last Parliament, which was the worst Parliament in history for living standards.
00:15I'm not immune to the challenges that businesses face, but if you take the package as a whole
00:20on Wednesday, the Office of Budget Responsibility say that employment increases, household disposable
00:27incomes increase and the economy grows. Of course, on economic growth, I want to go further
00:33and faster and ensure that that economic growth is felt by ordinary working people. And that's
00:38what our plans to reform the planning system, our pension system, our skills system and
00:43so much more is all about. It's about getting Britain building again and growing our economy.