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
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Thanks to impressive progress in Britain with wind and solar generation, clean electricity now costs a fraction of the price of gas — yet the current system keeps bills artificially high to protect fossil fuels, writes TOM HARDY
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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).
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