Philip Hammond just made the same bold claim that Theresa May had made previously; right during his budget speech. The problem is it’s simply not true.
Right at the start of his Autumn Budget 2018, the chancellor said:
the era of austerity is finally coming to an end.
As the Mirror reported, May made the same claim during her Conservative Party conference speech, saying:
austerity is over
Austerity over: is it?
But surprise, surprise – this just isn’t true. Because:
- Esther McVey has reportedly admitted millions of families could lose £200 a month on Universal Credit.
- The Institute for Fiscal Studies (IFS) says there are still more welfare cuts to come.
- Philip Hammond will reportedly be cutting £1.3bn from local councils’ grant funding. This could leave a £3.9bn funding black hole.
As opposition leader Jeremy Corbyn responded:
— BBC News (UK) (@BBCNews) October 29, 2018
Austerity over, Mr Hammond? It doesn’t seem that way to us.
– Read more from The Canary on the Autumn Budget.
– Join us so we can keep holding the powerful to account.
Featured image via Steve Topple – YouTube
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