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Osborne plans more pain for workers
Shameless Chancellor insists Tories are ‘true party of labour’
GEORGE Osborne claimed the Tories are the real party of working people yesterday, while dodging his cuts to tax credit and devastating job losses in Redcar.
And he revealed plans to devolve business rates and “phase out” grants to local authorities — severely hampering redistribution of wealth across the country.
“We all want more decisions to be made locally. But by devolving business rates without any national safeguards, regional inequalities will get wider,” warned TUC general secretary Frances O’Grady.
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In the second of two articles on Labour’s weak Budget, ROBERT GRIFFITHS argues that Britain’s massive private wealth and offshore tax havens show clear potential for radical redistribution through progressive taxation