As a local Councillor I am fearful of what the Conservative’s “mini-budget” means for local people, so far their tax cuts have been revealed to benefit the very rich, with only those earning over £155,000 paying less tax over the course of this parliament according to the Institute of Fiscal Studies. At the same time the run on the pound and increase in interest rates, combined with increasing inflation will be ruinous on our individual finances and government support for energy costs does nothing to solve issues of energy poverty or support insulation and the move to net zero.
Yet this does not even begin to factor in the effect on public services funded by the government, whether NHS or council services which will see reduced funding to help pay for this budget.
A real plan for growth would prioritise investment in public services and the green economy and provide investment incentives to businesses rather than the current scattergun approach which involves lobbing large tax cuts for businesses without expecting anything in return.
The Conservatives have gone into the territory of voodoo economics where their rationale depends on fairy tale economic growth, we need to fight back, its time to stand up, join us as Liberal Democrats, we can take Mid Sussex at the next election on the current trends of a kamikaze government that is putting millionaires before ordinary people and has no connection with everyday reality.