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Households in Harlow will be £870 worse off under PM Sunak’s tax plan

News / Fri 8th Mar 2024 at 07:37am

THIS budget confirms the UK has the highest tax burden in 70 years, as households in Harlow are £870 worse off on average under Prime Minister Rishi Sunak’s tax plan say Labour

Figures show that for every 10p working people will pay in tax under the Tories’ plan, they will only get getting 5p back, meaning that people in Harlow are still worse off under this government.

The OBR has confirmed that this will be the only Parliament on record where living standards have fallen, with real pay increasing by just £17 a week over 14 years of Conservative government. Under Labour, wages rose by £183 a week over 13 years.

This budget also reveals that with Rishi’s recession, GDP per capita is smaller than when Sunak became prime minister.

Chris Vince, Labour candidate for Harlow said:

“People in Harlow deserve better than this chaotic Conservative budget. Once again, working people are forgotten as taxes continue to rise.

“Whilst Jeremy Hunt promises jam tomorrow, people in Harlow and the villages still face high prices in the shops and bigger mortgage bills.

“Only Labour can deliver change. Rishi Sunak must call an election.”

Rachel Reeves MP, Labour’s Shadow Chancellor of the Exchequer said:

“The Chancellor’s Budget has lifted the lid on 14 years of Tory economic failure.

“Taxes are still rising, prices are still going up in the shops, and mortgages are higher.

“Nothing Jeremy Hunt has said today changes that. It’s time for change. It’s time for an election.”

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8 Comments for Households in Harlow will be £870 worse off under PM Sunak’s tax plan:

Steve
2024-03-08 08:20:02

I've a lot more sympathy for labour than the tories as they've not been in power for the last 12 years - they didn't create the current mess we are in. But I think they need to be more honest about the state of the UK's finances. The sums in this week's budget just don't add up - so if both parties stick to current spending plans either taxes will need to go up after the election or yet more services will need to be cut.

A change gon' come
2024-03-08 09:05:15

"The OBR has confirmed that this will be the ONLY Parliament on record where living standards have fallen". That says it all about the Tories and their time in power. Every Tory always bangs on about the note labour left, seems the Tories will be leaving a note to say "I'm afraid there is no country OR money left." They had 12/13 years to "fix" our country and have only made it worse and worse. You would be mad to vote for them after the chaos of the last 12 years.

James Gamble
2024-03-08 11:57:40

The OBR are only right when it comes to us 'little people' the mega rich are much better off with centra-billionairs on the increase. If you were to be given half a million pounds a day for 500 years you still would not be a centra-billionaire, that is how obscene it is.

David Forman
2024-03-08 12:28:48

When Sir Kid Starver lifts the two child benefit cap then I'll listen to what he and his Labour luvvies have to say on the Budget.

Alex
2024-03-08 15:11:45

Chris Vince is now the self-appointed budget expert, having failed to produce one at the last Full Council! He and his Harlow Labour colleagues voted unanimously to cancel the Council Tax Support Scheme for Harlow's most vulnerable, which would have cost them around an average of £1,200 yearly!!!

Darren
2024-03-08 16:01:38

David pay yourself for your kids and don’t expect others to foot the bill !!

TURKEY
2024-03-08 17:12:22

Spot on Darren

James Griggs
2024-03-09 13:35:45

Alex, you fail to understand the childish games played by Harlow Tories in relation to the Council Tax Support Scheme. Harlow Labour Councillors did not vote to cancel it but they did not support the format in which it was presented. Despite requests from Labour and advice from officers, the Tories pathetically refused to allow this to be taken as a separate vote. Instead they wanted to force Labour to support it by making them vote for the Tory budget which included the support scheme. Labour created the scheme and will always support it but they could not support this budget which has created a £10.8m black hole over the next four years. A black hole for which the Tories cannot or will not offer a solution.

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