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A Budget roundly condemned and beneath contempt
As Sunak signals his allegiance to the heartless business elite he hopes will soon back his bid for the top seat, this was a good Budget for polluters, arms manufacturers and bankers — but terrible for ordinary people, writes DIANE ABBOTT
Chancellor of the Exchequer Rishi Sunak leaving 11 Downing Street, London before delivering his Budget to the House of Commons
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THE latest Budget and Comprehensive Spending Review from the Chancellor provided a boost to certain parts of the economy. If you are a big polluter or fossil fuel producer, or a bank executive or shareholder, or an arms manufacturer — then this was a good spending round for you.
But for ordinary people the picture is once again very different. You are getting clobbered by a Tory Chancellor and a Tory Prime Minister who is only anxious to get the PR right and can definitely rely on the media on Budget day to deliver.
If this is reminiscent of Osborne and Cameron, or Hammond and May, it should be. They all belong in the rogues’ gallery of “reverse Robin Hoods.” They have all hammered ordinary working people with tax hikes and pay freezes while providing handouts and tax breaks for the rich, big business and the banks. This Budget was precisely in that mould.
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