Andy Burnham will inherit a ‘fragile’ economy gripped by stagflation fears, experts warned on Thursday after the latest dismal growth figures.
Days before Mr Burnham enters Downing Street, the Office for National Statistics (ONS) said gross domestic product (GDP) grew by just 0.1 per cent in May, after shrinking by 0.1 per cent in April.
It came as the International Monetary Fund (IMF) delivered a stark warning to the incoming Prime Minister not to put up public spending and instead get the public finances under control.
Official figures suggest the economy enjoyed a strong start to the year but has stuttered after Donald
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