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Wes slams Osborne's budget failure

Wes spoke in the first day of the debate on the Chancellor's chamber and criticised the Budget for its misguided policies and failure to meet the government’s own targets.

“This is a budget that seeks to hide the Chancellor’s failures,” said Wes. “Six years into his term, growth is being revised down, national debt continues to rise and he has failed to meet his targets for deficit reduction once again.

“It has been suggested that this budget is for the next generation, but this is from a Chancellor who chose to treble university tuition fees, abolish the education maintenance allowance, cut student grants, impose tuition fees for student nurses and midwives, and to scrap the NHS bursary for trainee staff.”

Wes also noted that “It is scandalous that the biggest savings in this budget are those that hit disabled people, yet it is almost precisely the same amount that the Chancellor is giving away in cuts to capital gains tax for the very wealthy. He should go back and reconsider these damaging cuts that will see £4.4 billion taken away from disabled people by 2020.”

The Government will end up borrowing £38.4 billion more than planned four months ago during the course of this parliament, due to a weakening economy, and it now looks increasingly unlikely the Chancellor will ever eliminate the deficit.

Alongside this household disposable income, GDP growth and annual earnings have all been revised down for every single year, and the cuts announced will disproportional affect women, with 81% of cuts falling on their pockets.

This budget has clearly shown the Chancellor’s many failures and broken promises, “So keen is he to avoid any focus on his record as Chancellor over the past six years we have been reduced to talking about fizzy drinks,” said Wes in the chamber, “and, like the worst soft drinks, the Chancellor's budget is full of fizz and leaves a bad aftertaste.”

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