Finance Minister warns of 'road back to austerity' as he criticises Government's 'flawed' decision to scale back energy support

Contributing sentiments towards policy:

57% :Turning to public spending, Minister Murphy added: "It is clear the Chancellor is firmly on the road back to austerity.
48% : "Secondly, the government's current plan is to cut the basic rate of income tax to 19% from April 2023.
48% : He added: "So I've decided that the basic rate of income tax will remain at 20% and it will do so indefinitely until economic circumstances allow for it to be cut."Taken together with the decision not to cut corporation tax and restoring the top rate of income tax, the measures I've announced today will raise every year around 32 billion pounds.
47% : Mr Hunt added that there will be more difficult decisions ahead on tax and spending and departments will have to tighten their budgets.
40% : Former Labour leader Jeremy Corbyn said by announcing another wave of public spending cuts, Jeremy Hunt is not just "blind to the scale of the cost-of-living crisis" but "blind to the very economic policy that created it."

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