THIS budget confirms the UK has the highest tax burden in 70 years, as households in Thurrock are £870 worse off on average under Prime Minister Rishi Sunak’s tax plan claim Labour.
Figures show that for every 10p working people will pay in tax under the Tories’ plan, they will only get getting 5p back, meaning that people in Thurrock are still worse off under this government.
The OBR has confirmed that this will be the only Parliament on record where living standards have fallen, with real pay increasing by just £17 a week over 14 years of Conservative government. Under Labour, wages rose by £183 a week over 13 years.
This budget also reveals that with Rishi’s recession, GDP per capita is smaller than when Sunak became prime minister.
Jen Craft, Labour’s Candidate for Thurrock MP said:
“People in Thurrock deserve better than this chaotic Conservative budget. Once again, working people are forgotten as taxes continue to rise.
“I know when I am speaking to my neighbours here that so many of us are finding it really hard. Whether that is hundreds more on a monthly mortgage bill or having to cut down on a weekly food shop, there are so many of us who are struggling who never thought we would be in this position.
“People here work hard and they deserve to be rewarded for that. That is why I’m fighting for Thurrock at the general election. These are all political choices and it just doesn’t have to be like this. I’m standing to give my community hope. Only Labour can deliver change. Rishi Sunak must call an election.”
Rachel Reeves MP, Labour’s Shadow Chancellor of the Exchequer said:
“The Chancellor’s Budget has lifted the lid on 14 years of Tory economic failure.
“Taxes are still rising, prices are still going up in the shops, and mortgages are higher.
“Nothing Jeremy Hunt has said today changes that. It’s time for change. It’s time for an election.”
