Month: March 2016

Jeremy Corbyn was right to say this week that the Budget the Chancellor delivered was “actually a culmination of six years of failure” and that “this is a recovery built on sand.”

Almost all the growth in our wealth in recent years has gone to the richest 1 per cent, while working-class and middle-class families have seen real incomes cut by 9per cent since the banking crisis.

Yet in much of the media, we are still subjected to the big lie — repeated again by George Osborne this week — that we are in this mess because the last Labour government spent and borrowed too much.
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George Osborne’s budget this week represented a continuation of the same economic strategy that has seen the richest 1% watch their wealth double while ordinary families struggle to make ends meet.

Whilst there were some sweeteners for voters, it lacked a vision for a better future and showed the Chancellor is not listening to the growing coalition of voices – from the experts at the IMF and OECD to our trade unions – that our saying government investment is needed to navigate the choppy waters ahead.
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