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NEU Senior Industrial Organiser
The Budget: harsh class reality lurks behind ‘working people’ rhetoric
In the first of two articles, ROBERT GRIFFITHS argues that despite a parliamentary majority, Labour’s timid Budget fails to seize a historic opportunity and lacks the ambition needed to address Britain’s deep social and economic crises

AS a modern-day Aesop’s Fable might put it, Chancellor Rachel Reeves has laboured mightily and brought forth a mouse. With a majority of around 156 MPs at Westminster, her Budget on Wednesday missed a golden opportunity to begin fixing Britain’s big social and economic problems.

These include 14 million people in poverty (including four million children); six million patients on hospital waiting lists; 1,290,000 people and families on housing waiting lists; and public services run down or privatised.

Led by the Tories and their right-wing press, much of the public debate before, during and after Budget day focused on Labour’s plans to increase employers’ National Insurance contributions (NICs).

Class realities

Capital gains

War dividend

Back to austerity?

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