Shadow Chancellor Mel Stride warns that the UK could face higher prices, job losses, and lower wages without a trade deal with the US. He said that businesses, investors, and stock markets are unhappy, urging the government to accelerate negotiations and secure a deal quickly to avoid economic difficulties. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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00:00I don't think businesses up and down the country are very happy, I don't think the stock markets
00:04are very happy, I don't think investors are very happy, and this is really why it's so
00:08important now that we get this deal done, because what this is meaning is higher prices
00:13for people, it will mean higher levels of unemployment, jobs lost, lower wages, it's
00:20going to lower growth, it's going to be a very, very difficult future for us. Big headwinds
00:25if we don't get that deal, so it's important that the government now ups the ante and get
00:29that deal across the line quickly. So obviously I'm not in the room, I don't know where they
00:34are with the negotiation or how close they are at the moment, but the government has
00:38certainly been saying that they're relatively optimistic that there is a deal to be done,
00:42and what we're saying as an opposition is you've been a little bit slow so far, so let's
00:47up the pace and let's get this deal delivered.