The economic damage done by the Conservatives’ mini-budget last year is still being felt by people right across Cardiff Central. Never again can a Prime Minister or Chancellor be allowed to repeat those disastrous mistakes which have left our economy in tatters.
As Rishi Sunak contemplates unfunded tax cuts for the top 4%, Labour has pledged to guarantee that any future government will subject any significant tax and spending changes to an independent forecast by the Office for Budget Responsibility.
These changes would bring about “a new fiscal lock” to strengthen the UK’s financial stability and ensure that those disastrous mistakes, which are causing such difficulty for so many
households and businesses, are never repeated.