Oct 24, 2018
Budget 2018: Labour urges Hammond to 'stump up cash'
EPA Labour is calling for concrete action by the chancellor in Monday's Budget to end austerity not just "Financial conjuring tricks" and "Vague promises". Philip Hammond must "Stump up the cash" for schools, councils and social care, shadow chancellor John McDonnell said. Stopping departmental spending cuts planned for next year will cost £4bn, Labour says, while shelving further budget cuts for the period up to 2023 would cost another £15bn. Abandoning welfare cuts planned over the next four years would cost £7bn while another £1.5bn would need to be found to plug the gap in social care funding by 2020 while £1bn was required to stop further cuts to per-pupil school funding. Urging Mr Hammond to acknowledge the "Scale of the hardship" caused by the Conservatives' "Failed" austerity policies since 2010, Mr McDonnell will say that the government has only managed to cut the budget deficit by "Shifting the burden away from central government onto the shoulders of head teachers, hospital managers and local councillors". "Our schools, councils and social care system are crying out for investment. If austerity is really over, it is time for Philip Hammond to stump up the cash."
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