Damning new evidence about George Osborne’s failures

Commenting on the Resolution Foundation Report John McDonnell, Labour’s Shadow Chancellor, said:

“This is damning new evidence about George Osborne’s failures and recklessness as Chancellor. With his recovery built on sand he is looking to slash support for those with disabilities to cover his reckless tax cut promises that will benefit the richest most.

"George Osborne is a reverse Robin Hood with a poor grasp of the hard facts of sound finance. Labour’s new Fiscal Credibility Rule would guarantee that no future Chancellor could make unfunded promises, that could only be kept by hitting the vulnerable. And it would allow the next Labour government to invest in the future, laying the foundations for a fairer, more prosperous economy.”

The full report is available here

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