“One and a Half Cheers for The Budget – A Job Half Done,” George

Posted on: 31st October 2024

Local Liberal Democrat MP Andrew George described the new Chancellor’s budget as “a job half done” which leaves key issues unresolved and risks making some things worse.

While he welcomes investments in the NHS, education, and housing, he criticised the decision to raise taxes on some of those least able to afford it.

“The Prime Minister promised that ‘those with the broadest shoulders should bear the greatest burden,’ yet the Chancellor has not followed through.

“Instead of taxing small businesses, employers, and potentially small and tenant farmers, the Chancellor should have taxed those with the broadest shoulders and who profited under the Conservatives – the big banks, large corporations, energy giants, social media conglomerates, and property speculators.”

Positives Amid Missed Opportunities

George acknowledged the budget’s positive steps in funding healthcare, education (especially special educational needs), and housing. “These are areas in dire need of support if we are to rebuild our economy, restore our NHS, and address the housing emergency,” he stated.

Additionally, he commended the decision to freeze the fuel duty escalator and budget for compensation related to the infected blood scandal and the Post Office Horizon scandal—long-overdue issues previously promised but unaddressed by the Conservative government.

Concerns Over Local Government and Public Services

George expressed concern about the budget’s impact on struggling sectors, particularly the failure to properly address social care, local government finances, and the pressures facing small and tenant farmers. Additionally, the 50% increase in capped bus fare costs and continued financial strain on local authorities were highlighted as key failures.

In conclusion, Andrew George warned that while the budget has positive elements, it falls short in tackling core issues. “Though it’s a step forward from the Conservatives, we’ve been left with half-measures. The Chancellor has chosen to make the strivers pay, when the super-rich have, once again got off relatively lightly.