Communist Party of Britain

Chancellor Rishi Sunak’s Budget is for the profits of the few rather than the wellbeing of the many.  He plans to dole out many more billions to big business but still refuses to admit who is going to end up paying for yet another eye-watering bail-out of British capitalism. He claims economic growth will generate some of the tax revenues needed, yet the Office for Budget Responsibility has now cut its economic growth forecasts for every year from now until the end of 2025 except the next one.  He could have granted NHS workers an emergency pay bonus and unveiled extra support for local authorities to prevent inflation-busting rises in Council Tax. He didn’t. He could have used our freedom from EU directives to slash and selectively abolish VAT.  Funds for massive investment in health, social care, council housing and the civil emergency services could have been funded from immediate…

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