Autumn budget 2024, Welfare, Budget, Politics, UK news, Labour, Rachel Reeves Business | The Guardian
The UK is the sixth-largest economy in the world. It is Labour’s historic mission, and the government’s duty, to rebuild our welfare stateWith the constant drip of stories about possible tax hikes or reinterpretations of the fiscal rules, it’s easy to forget the underlying purpose of any budget. There are two fundamental but straightforward questions to guide a chancellor’s thinking. The first is what society do you want to create? The second is what are the economic measures that will aid its creation?Labour’s historic mission has been to ensure a good standard of living through decent wages, access to health services and education not dependent on what you could pay, and housing you could afford. But above all else Labour pledged to build a society where poverty would no longer exist by creating a safety net to ensure the most vulnerable, children and unemployed, sick, elderly or disabled people, were no longer at risk.John McDonnell has been the MP for Hayes and Harlington since 1997. He was shadow chancellor from 2015 to 2020 Continue reading…
The UK is the sixth-largest economy in the world. It is Labour’s historic mission, and the government’s duty, to rebuild our welfare state
With the constant drip of stories about possible tax hikes or reinterpretations of the fiscal rules, it’s easy to forget the underlying purpose of any budget. There are two fundamental but straightforward questions to guide a chancellor’s thinking. The first is what society do you want to create? The second is what are the economic measures that will aid its creation?
Labour’s historic mission has been to ensure a good standard of living through decent wages, access to health services and education not dependent on what you could pay, and housing you could afford. But above all else Labour pledged to build a society where poverty would no longer exist by creating a safety net to ensure the most vulnerable, children and unemployed, sick, elderly or disabled people, were no longer at risk.
John McDonnell has been the MP for Hayes and Harlington since 1997. He was shadow chancellor from 2015 to 2020
