The Chancellor’s economic plans offer little hope for the future and yet more austerity, writes Ken Livingstone.
THE Tory Chancellor Philip Hammond’s Autumn Statement confirmed that in the years ahead for Britain the picture is pretty gloomy — tax receipts will fall, inflation will rise, wages will stagnate and growth will decline.
Contrary to some claims in the media in the run-up to this week, the Autumn Statement also confirmed the failures — and the continuation of — the Tories’ ideologically driven austerity economic policies over the last six years, where those who did nothing to cause the global economic crash have paid the price of the pain that followed.
Read the full article