Budget U-Turn


First a break in a manifesto pledge, and now a budget retraction, it’s all getting a bit chaotic for the #Tories. Exactly a week after the budget announcement, Phillip Hammond has announced that "In light of what has emerged as a clear view among colleagues and a significant section of the public, (he has) decided not to proceed with the Class 4 NIC measures set out in the Budget.”

The hike was set to cost self-employed taxpayers an extra £325m in 2018-19, £645m in 2019-20, £595m in 2020-21 and £495m in 2021-22. I am pleased that this change is no longer moving forwards, as it would mean that which will mean 1.6 million ordinary people paying £240 on average more every year, not those from the top, but this announcement has left me in dismay at how the government operates. It highlights a huge problem when apparently the cabinet was at war because they did not know what was in their manifesto.

I am in complete agreement with what my esteemed colleague, MP Yvette Cooper asked the government earlier today, "Is that why they want to abolish spring budgets? Because they just keep ripping them up?" This is in reference to the £2bn U-turn of this week, and the £4bn U-turn that took place last year in the space of five days.

I believe this goes to show that by standing up against the choices of this government, we can get them to change their decisions. It additionally goes to show that we need to keep a close surveillance on the Tories, to ensure that they fully understand what is in their own manifesto’s.