Budget 2016: what’s getting funded, what’s getting the chop

Support us and go ad-free

Chancellor George Osborne will be outlining his eighth budget today, and is expected to announce another £4bn in cuts to public spending.

He echoes previous remarks about his intention for a forward-looking policy of present-day sacrifice, stating that his budget chooses “the long term“.

Other details of the Tories’ upcoming strategy revealed ahead of time are a £1.5bn plan to convert all state schools into academies, with longer school hours, removing them from the provision of local authorities; an upwards of £230m investment in road maintenance in the North, and funding for the Crossrail 2 and HS3 rail projects; a cash reward for low-paid workers who manage to generate savings; and £100m earmarked for tackling the UK’s rising homelessness problem.

Shadow chancellor John McDonnell has responded, calling the Budget:

a press stunt to hide George Osborne’s failures

Mr Osborne has not yet given any indication as to what, specifically, will be defunded by £4bn.

The Mirror predicts a freeze in beer tax, “stuttering wage growth”, and a move away from benefit cuts since last week’s unpopular revelation that the Tories had finally pushed through significant cuts to disability benefits.

Read on...

Support us and go ad-free

There are overlaps with The Telegraph’s predictions too, which are mainly to do with pensions, investments and tax. Most of which are only relevant to middle and upper class readers, save for the rise in personal allowance from £10,600 to £11,000 next year (which Osborne had already announced in the Autumn Statement).

Osborne had announced the probability of further spending cuts three weeks ago, alleging that “the British economy is smaller than [they] thought” and “global risks are growing”. Osborne’s obsession with cutting public services in order to “balance the books” has not yet paid off, and therefore he marches on.

In the same conversation, he said that Britain is doing “better than most countries” because of the Conservatives’ “economic plan that says we spend what we can afford as a nation.”

Ahead of the announcements of what will actually be defunded, it’s pertinent to ask how Osborne defines “better”, and who he’s referring to when he asks what ‘we’ can “afford”.

Many have already outlined how much the British public are suffering due to the Tories’ austerity agenda, under which Osborne has sold off more public assets than anyone before him, including Thatcher. The Canary has reported many times on the 22% rise in suicide rates, reliance on food banks and a mental health crisis caused by increasing poverty.

In addition, we’ve reported that the media and the government have turned a blind eye while their colleagues have committed white-collar crime to the tune of billions, stealing directly from a public that they are already helping to starve of help.

Unfortunately, the budget will likely reinforce Tory ideology and its ongoing disregard for the interests of ordinary people.

Stay tuned to The Canary for ongoing budget coverage.

Image cropped from See Li/flickr

Support us and go ad-free

We need your help to keep speaking the truth

Every story that you have come to us with; each injustice you have asked us to investigate; every campaign we have fought; each of your unheard voices we amplified; we do this for you. We are making a difference on your behalf.

Our fight is your fight. You’ve supported our collective struggle every time you gave us a like; and every time you shared our work across social media. Now we need you to support us with a monthly donation.

We have published nearly 2,000 articles and over 50 films in 2021. And we want to do this and more in 2022 but we don’t have enough money to go on at this pace. So, if you value our work and want us to continue then please join us and be part of The Canary family.

In return, you get:

* Advert free reading experience
* Quarterly group video call with the Editor-in-Chief
* Behind the scenes monthly e-newsletter
* 20% discount in our shop

Almost all of our spending goes to the people who make The Canary’s content. So your contribution directly supports our writers and enables us to continue to do what we do: speaking truth, powered by you. We have weathered many attempts to shut us down and silence our vital opposition to an increasingly fascist government and right-wing mainstream media.

With your help we can continue:

* Holding political and state power to account
* Advocating for the people the system marginalises
* Being a media outlet that upholds the highest standards
* Campaigning on the issues others won’t
* Putting your lives central to everything we do

We are a drop of truth in an ocean of deceit. But we can’t do this without your support. So please, can you help us continue the fight?

The Canary Support us

Comments are closed