• AutoTL;DRB
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    38 months ago

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    Britain’s stretched public services will buckle under the weight of the spending cuts being planned for after the election, economists have warned, as Jeremy Hunt prepares for another round of tax reductions in next week’s budget.

    The stark warnings come as the chancellor considers cutting billions more from his public spending plans to pay for further reductions in either income tax or national insurance at next week’s budget.

    Last week the Resolution Foundation calculated such a move would mean taking a fifth out of budgets for certain departments across the parliament, sparking concern among economists, trade unions and even some Conservatives.

    The Labour party is planning to relieve some of the spending pressure with particular tax rises, such as ending the non-dom regime, which will raise money to pay for more weekend and evening GP appointments, among other things.

    In a letter on Monday, the party’s One Nation caucus urged the chancellor to prioritise measures to help young parents, workers and students, including a multi-year settlement for childcare.

    Damian Green, chair of the caucus, said: “This is our chance to demonstrate to voters that we are on their side and that we are taking steps to alleviate pressures they face in all aspects of everyday lives.”


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