Squeezed middled pushed to the brink by Conservative's Cost of Chaos budget 

18 Nov 2022

EMBARGO: IMMEDIATE RELEASE

In response to Chancellor Jeremy Hunt's morning round following yesterday's Autumn Statement, Liberal Democrat Treasury spokesperson Sarah Olney said:

“Struggling families who have worked hard for years have had their security stolen by this Conservative Government. While non-doms and big banks got off lightly, the already squeezed middle are being pushed to the brink.

"Those working day-in, day-out are having to choose between food or heating, mortgage payments or fuel for their car.

“The squeezed middle will continue to work as hard as before, but their efforts will be worth significantly less as disposable income shrinks. Every single Conservative MP should be ashamed of this cost of chaos budget, which will leave a legacy of economic turmoil and tax misery as mortgage rates spiral."

ENDS

 


 

 

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