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Twitter has spoken on the Autumn Statement, and it’s not impressed [TWEETS]

Chancellor Philip Hammond has delivered his Autumn Statement. It included a gaping black-hole in the budget, a “plan” for affordable housing, and changes to taxation. The reaction on Twitter is almost certainly not what the Chancellor was hoping for.

The economy

Financial statements explain how well the economy is doing now and how well it’s expected to do in future. And unfortunately for the Chancellor, the verdict was not good:

Read on...

Affordable housing

There was also criticism for the affordable housing plans. But while Hammond’s announcement on scrapping letting agents’ fees was welcomed, Twitter users were scathing about his decision to spend £7.6m on a stately house.

Tax

One of the plans championed by Hammond is the cutting of corporation tax to 17%. As a result, UK corporation tax will be the lowest out of any G20 country. But as Twitter users pointed out, this will do very little to help people:

Living wage

Hammond also introduced a rise in the minimum wage from £7.20 to £7.50 per hour. And while the government likes to pretend this is a ‘living wage’, it was pointed out that this doesn’t mean it is a living wage.

NHS? What NHS?

The Chancellor was also criticised for not announcing any extra funding for the NHS or social care. In fact, the NHS was completely missing from the 72-page document that accompanied the statement:

The failure of austerity

But the overall conclusion is that austerity has failed:

These announcements should not come as a surprise from a government that prioritises the rich getting richer over essential services or supporting the most vulnerable in society. But not only have the cuts punished the poorest, they haven’t even achieved their stated aim of boosting the economy.

This government will not do anything to help the poor. It will not improve our services. But it will sell them off to the highest bidder. And we all need to take action before things get even worse.

Get Involved!

 -Join the fight against austerity.

– Join the campaign to save the NHS.

– Support Disabled People Against the Cuts

Featured image via Flickr

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