The UK economy is 'flashing red' after growth slowed to 0.3 per cent between April and June, it was claimed this morning.
The Office for National Statistics said gross domestic product grew by 0.3 per cent for the quarter after 0.7 per cent growth in the first three months of the year.
Rachel Reeves was told that even 'snails would scoff' at the pace of growth in the UK economy, as the Chancellor was blasted for her 'economic vandalism'.
She also faced fresh warnings that she will need to plug a £50billion spending hole at her next Budget this autumn, which has left households braced for more tax hikes.
Despite the gloomy outlook, Ms Reeves praised the figures as a 'positive' sign for the country and a 'strong start' to the economic year.
