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LABOUR’S FIRST YEAR IN POWER SEES ECONOMIC GROWTH PROMISS TURN INTO Broken Dreams | Politics | News

by Markel
in Politics
Reading Time: 4 mins read
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When Labor Came to Power, they promised “Growth, Growth, Growth”. Rachel reenses boasted of delivering the most “Pro-Business” Treasury Britain Had Ever Seen. They vowed to raise live stands and to deliver economic stability.

But 12 months Since the day keir starmer entered downing street, and LABOUR’S FIRST year in Government has delivered the opposite: Weaker GROWTH, Higher Taxes, the Cost of Living Rising, Unemplayment UP, Borrowing ThroGh The roof and the public finance in disarray. This Government’s Economic Record is one of Broken Promises, Costly U-Turns, and Reckless Mismanagement.

The official independent forecasts in March halved the forecast for Economic Growth this year. Growth has stalled because of Labour’s Damaging Policies – Policies That Punish Business, Choke Investment, and Leave Working Families Worses Off.

Labor’s £ 25 Billion Jobs Tax Has Hit Employers – And Workers – Hard. Businesses face soaring costs, forcing them to put up prices or cut jobs.

And at the budget the chancellor launched an inheritance tax raid on family -awed businesses. Confident has been shattered.

This is no recipe for Growth – it’s a stranglehold on our economy.

The National Debt Interest Bill has exposed to nearly £ 100 billion a year – almost doubles what we spend on defense. LABOUR Promised Fiscal Responsibility But Instead Abandoned it.

They rewrote the rules to allow hundreds of billions more in borrowing over the coming years – something rachel reenses said beefore the election she Would not do. Another Broken Promise.

And now on the top of the debts they wanted racking up, LABOUR HAVE MADE A SERIES OF HUMIILIZING U-TURNS ON KEY Police with no clue how they are going to pay for them.

Their welfare reforms were stripped bare at the last minute in a desperate attempt to avoid a defeat and a confidential vote in Keir Starmer.

Their U-Turn on Winter Fuel Payments Added A £ 1.25 Billion Hole. And we also know they ‘eyeing scrapping the Two-Child Benefit Cap, Another £ 3.5 Billion Unfunded Cost.

This government is spending with no plan to pay.

LABOUR’S Refusal to Take Tough Decisions Has Left a Massive Hole in the Public Finance, and Set the Country On a Dangerous Path to Soaring Taxes and Spiraling Debt.

This summer, hardworking families face anxiety over how Labor Plans to Plug the growing financial black hole coused by their incompetence.

It isn a serious government – it’s chaos. And working families are having to tighten their belts.

Become, as sure as night follows day, LABOUR will put up your taxes. Yesterday Morning, we heard from the head of the independent institute for fiscal studies that reenses could be set to class middle earners even more in a Budget Raid in Autumn.

As we have sadly warned all along, tax rises are now inevitable.

But even as we learn She Could Need to Rise as Much as an Eyewatering £ 30 billion, rachel reenses still tries to wall over our eyes. It’s Shocking But Not Surprising – Labour’s Thirst for Tax Rises Cannot Be Quenched.

It’s no wonder Labour always office with unemplayment high than when they came in. This government looks determined to fulfil that prophey by any means.

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