Skip to main content
Regional secretary with the National Education Union
Hammond holds Britain to ransom, McDonnell charges
The shadow chancellor criticises successive Tory governments’ records of slashing public services
Philip Hammond presents his briefcase to the media today

JOHN McDONNELL accused Chancellor Philip Hammond today of threatening more financial pain for Britain if MPs do not accept Theresa May’s twice-rejected Brexit deal.

The shadow chancellor criticised successive Tory governments’ records of slashing public services funding and freezing benefits while having given “over £110 billion of tax cuts to the rich and corporations.”

Mr Hammond pledged spending £26.6bn to boost the economy if MPs vote to leave the EU with a deal.

The 95th Anniversary Appeal
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
Similar stories
Features / 5 April 2025
5 April 2025
DIANE ABBOTT MP points out the false premises used by Rachel Reeves in the Spring Statement
Protesters show placards as Chancellor Rachel Reeves is abou
Features / 29 March 2025
29 March 2025
While slashing welfare and public services, Labour’s spring statement delivers a bonanza for death-dealing bomb merchants. We now see the true and terrible face of austerity 2.0, writes MICHAEL BURKE
Protesters demonstrate as Chancellor Rachel Reeves is about
Britain / 26 March 2025
26 March 2025
Labour accused of ‘balancing the books off the backs of the poor’ in spring spending statement
Chancellor of the Exchequer Rachel Reeves speaks during the
Features / 5 October 2024
5 October 2024
In light of its retreat on green investment, DIANE ABBOTT MP dissects Labour’s economic priorities, questioning whether the promised ‘light at the end of the tunnel’ will materialise amid signs of continued cuts and massive spending on war