News Articles‎ > ‎

Cumbernauld's MP hits out at "downgraded Chancellor's" budget

Written by Scott Campbell.
Published at 18:37 GMT on Friday 29th March, 2013.

LOCAL Labour MP Gregg McClymont has joined shadow Chancellor Ed Balls in hitting out at George Osborne after the recent budget.

The Chancellor’s budget saw a tax cut of £100,000 on average for millionaires while growth is down, borrowing is up and families are paying the price with cuts to tax credits.

Commenting, Gregg said: “This Budget was a chance to boost living standards for ordinary working people who are struggling to make ends meet.

More Cumbernauld news

Unable to find the associated list page.
“By asking millions to pay more while millionaires pay less, this Government has shown just whose side they are on.

"George Osborne had an opportunity to give a budget for jobs and growth. He could have reversed the tax cut for millionaires and introduced a VAT cut, which would have given a real boost to the Scottish economy. But instead we have more policies that are going to hit hard working families.

"And this at a time when Scotland needs as much support for our businesses as possible, one of our key export industries - whisky - has been hit with a 5.3% increase in duty.

"This is a more of the same budget, from a downgraded Chancellor."

Search for more news

Like us on Facebook

Contact the newsdesk