UK Budget

Today (Wednesday) I’ve highlighted my disappointment with the UK Budget as the UK Government remains wedded to austerity and is driving further inequality. 

Annual borrowing is £51.7bn in 2016-17. Borrowing forecast to total £58.3bn in 2017-18, £40.6bn in 2018-19, £21.4bn in 2019-20 and £20.6bn in 2020-21.  Debt rose to 86.6% this year, but will fall to 79.8% in 2021-22. 

The UK Budget contrasts dramatically to the recent Scottish Government Budget which protected and reformed vital public services.  Alongside this, the Scottish Government is shaping a tax system that is fair and protects the poorest taxpayers.

This is a right-wing Tory Government which remains wedded to austerity and is driving further inequality.  It’s clear a hard Tory Brexit is the major threat to the economy of Inverclyde and Scotland as a whole.

Today is international women’s day but yet again the Chancellor has refused to take action on the punitive two child limit.

The SNP has long opposed the Tory UK Government’s austerity agenda which disproportionately hurts the poorest and most vulnerable in society.

The Chancellor’s Budget will attack low paid families and only widen the gap between the richest and poorest people in our society.