It is understandable that people are concerned by these challenges. But under Labour Britain is far better placed than most other countries. Over the last decade, the Labour Government has taken tough decisions to build the country's economic resilience. In the 1990s, our economy was the least stable among the G7. Today, it is amongst the most stable. As a result, we face uncertain times with an economy that is strong. Last year we had the fastest growth rate amongst the G7 major world economies. Inflation here is almost half the level in the US and significantly below the European average.

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