Pete Wishart, MP for Perth and North Perthshire, has slammed the sweeping polices introduced by Kwasi Kwarteng during this morning’s mini-budget. The policies include widespread tax cuts that the UK government says will boost economic growth. However, many critics have dismissed this, stating that it will only benefit the rich while doing nothing to help already struggling households.
Commenting, Mr Wishart said:
“We knew Truss’ premiership was going to be bad, but today’s announcements have surpassed even the biggest cynics’ expectations.
“The government has made baseless claims that the policies announced will boost the economy, when in fact, all that looks set to get a boost is bankers’ bonuses, poverty rates, income inequality and inflation. This government is gambling hundreds of billions of pounds to stimulate the economy using a strategy that history has proven, time and time again, does not work.
“Perhaps the most sickening part of the Chancellor’s speech was the threat to cut peoples’ benefits who fail to secure better paid work. This is fast becoming the most right-wing government of my life-time, and just like during Thatcher, it will be ordinary households who bear the brunt.
“No matter the catchphrase - whether it’s “strong and stable”, “levelling up” or a “new era” - the truth is that the Conservatives’ promise of a better Britain is a fiction. Their priority is clearly to appease the upper-class elite; the very people least affected by the current cost-of-living crisis.”