Special report by PEOPLE’S WORLD
IT IS a modern miracle how incredibly damaging Tory Budgets are given a warm welcome by the overwhelming majority of the media, the miraculous status undimmed by the fact that it happens year after year.
The consensus was that this week’s Budget was a “spend now, tax later” plan.
The opposite is true. Aside from measures to try to cope with the pandemic which a clearly reluctant Chancellor is obliged to extend, the substance of the latest Budget, like the 2020 Budget, is to cut spending and raise the taxes on working people now.
DIANE ABBOTT warns that Shabana Mahmood’s draconian asylum proposals fuel racist scapegoating and risk demoralising Labour’s base – potentially paving the way for Farage to No 10
The 2025 Budget shores up the PM’s political position with headline-grabbing welfare U-turns, but with no improvements on offer to declining public services or living standards, writes MICHAEL BURKE
The BBC and OBR claim that failing to cut disability benefits could ‘destabilise the economy’ while ignoring the spendthrift approach to tens of billions on military spending that really spirals out of control, argues DIANE ABBOTT MP
Under current policy, welfare cuts are just a small downpayment on future austerity, argues MICHAEL BURKE


