This week, the Conservative Government’s seventh Chancellor gave his second Budget. Ministers have repeatedly claimed that the economy has turned a corner, but they have driven it into a dead end. Our economy is smaller now than when the Prime Minister entered Downing Street.

One of the central reasons why the Tories have failed on the economy is that they have failed on work. For all the claims made by Ministers, the Office for Budget Responsibility lays bare the scale of their failure and the appalling cost to the British people.

This year, they and the rest of the British public face a choice: another five years of stagnation, low growth, high costs and worklessness under the Tories, or a long-term plan to get Britain building again, growing again and working again under Labour.

Watch a clip of my response to the Budget below or read my speech in full here.