2017 Spring Budget - the political reaction

Presenting his first Budget to the House of Commons, Chancellor Philip Hammond pledged ‘to build a stronger, fairer, better Britain’.

08 Mar 2017

Presenting his first Budget to the House of Commons, Chancellor Philip Hammond pledged ‘to build a stronger, fairer, better Britain’.

Leaders of the Labour Party, the Liberal Democrats and the Green Party commented on a selection of the key announcements made by Mr Hammond in the speech.

Labour leader Jeremy Corbyn denounced the Chancellor’s Budget as one of ‘utter complacency’, which ‘cuts the living standards for the many and raises taxes for the few’.

Mr Corbyn also lambasted the Chancellor for presenting a Budget which is ‘entirely out of touch with the reality of life for many millions of people’.

He continued: ‘Millions of workers know their next pay packet won’t be enough to make ends meet. It is a Budget built on failure and unfairness.’

The Liberal Democrats criticised the government’s decision to increase national insurance contributions for the self-employed. Susan Kramer, Shadow Chancellor for the Liberal Democrats, commented: ‘This is a tax on builders, taxi drivers and window cleaners, some of Britain’s hardest working people. This hits the gig economy where people are already insecure and facing rising prices and job uncertainty.’

Meanwhile, Caroline Lucas, co-leader of the Green Party, expressed disappointment in the Chancellor’s ‘failure’ to provide sufficient funding for the NHS and social care. She commented: ‘With our NHS in peril and social care in the midst of a crisis, this Budget was a chance for the government to take a stand for the public services upon which we all rely.

‘Instead they continue to push ahead with planned corporation tax cuts and their hand out to high earners while unveiling woefully inadequate funding changes for the NHS and social care.’

Quick Links

Home | Contact us | Accessibility | Disclaimer | Help | Site map |

© 2018 Blue Spire Limited. All rights reserved.

We use cookies on this website, you can find more information about cookies here.

Contact Chichester Office

Tel: +44 (0)1243 781234
Fax: +44 (0)1243 791770
Email: chichester@bluespiregroup.com


Contact Brighton Office

Tel: +44 (0)1273 739533
Fax: +44 (0)1273 732844
Email: brighton@bluespiregroup.com

Chichester Address
Cawley Priory, South Pallant, Chichester, West Sussex PO19 1SY

Brighton Address
5th Floor Intergen House, 65-67 Western Road, Hove, East Sussex BN3 2JQ

Blue Spire Limited is Registered to carry out audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales C004152645. Professional indemnity insurance is provided by Royal & Sun Alliance Insurance Plc 9th Floor, One Plantation Place, 30 Fenchurch Street, London, EC3M 3BD and its territorial coverage is worldwide (excluding United States/Canada).
Blue Spire Financial Planning Limited is authorised and regulated by the Financial Conduct Authority. FSA register https://www.fca.org.uk/register reference 566257. This guidance and/or advice contained within this website is subject to the UK regulatory regime, and is therefore targeted at customers based in the UK