UK economy ‘doomed’ under Labour, says Ryanair chief
Michael O’Leary says Rachel Reeves needs tax cuts to create growth, as airline’s profits jump 42% in first half
The UK economy is “doomed” under the Labour government, the boss of Ryanair has said before this month’s budget, as the airline revealed a jump in first half profits.
Michael O’Leary, the chief executive of the budget airline, hit out at Rachel Reeves, accusing the chancellor of failing to deliver on her programme of economic growth.