Chancellor’s ‘little extras’ will not undo 8 years of cuts to public services, says TUC

by Startacus Admin

Commenting on the 2018 Budget Statement, which set out the government’s spending plans up to 2024, TUC General Secretary Frances O’Grady had this to say...

“Working people cannot be fobbed off again with promises of a better tomorrow that never comes. The budget does not undo the austerity that has devastated public services. And it lacks the investment needed to speed up wage growth after the longest pay squeeze in 200 years.

“People know that public services need much more investment. They feel the consequences of austerity where they live. There's more crime and less police. There’s longer NHS waiting lists and too few beds. And there's not enough teachers to educate our kids.

“With Brexit looming, we urgently need a national recovery plan to get the UK fit and ready. We will only have a strong economy and safe communities if we rebuild our public services. And we must invest in our industrial base to create well-paid steady jobs in the towns across Britain where they’re needed most.”

A summary of key points from the 2018 UK Budget can be found here.

With regards to key business and digital takeaways - they included, a 2% digital services tax on UK revenues of big technology companies (which we had reported on previously), £900m in business rates relief for small businesses and £650m to rejuvenate High Streets, and extended changes to the way self-employment is taxed. 

Just last month, the TUC called for new tech to pave way to shorter working week and higher pay.

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Published on: 29th October 2018