‘Unavoidable Budget is tough but fair’
George Osborne has unveiled a but fair Budget today as he announced the harshest package of spending cuts and tax rises seen for a generation in the statement.
Chancellor of the Exchequer George Osborne delivers his emergency budget in the House of Commons
pound in every four we spend is being borrowed. What we have not inherited from our predecessor is a credible plan to reduce their record deficit. said postponing difficult decisions was not an option.
consequence for Britain would be severe. Higher interest rates, more business failures,
blank cards against humanity?, sharper rises in unemployment,
print cards against humanity, and potentially even a catastrophic loss of confidence and the end of the recovery. in comments that will be seen as a dig at former chancellor and prime minister Gordon Brown, who was not in the Commons, Mr Osborne said: am not going to hide hard choices from the British people or bury them in the small print of the Budget documents.
going to hear them straight from me, here in this speech. said everyone would be asked to contribute.
in return we make this commitment. Everyone will share in the rewards when we succeed,
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we say that we are all in this together, we mean it. Labour leader Harriet Harman said: is a Tory Budget that will throw people out of work, hold back economic growth and harm vital public services. It his first Budget but it the same old Tories. content was stripped by our security filters,
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