
"A double-dip recession can and should be avoided. But after 15 months of zero growth under George Osborne simply avoiding a technical recession is not good news for our economy.
"Last year the deputy head of the OECD said if growth is slower than expected the Government should slow down the pace of tax rises and spending cuts. That is what the OECD is now forecasting and, with our economy flatlining for over a year, it's time the Chancellor listened to wise advice.
"We need a real plan for jobs and growth, like Labour's five point plan, to get our economy moving again and get Britain back to work. That is how we will get our deficit down in a fairer, better way."