23/03/2011

Tory Budget - it's hurting but it's not working


The Tory-led government made its Budget announcement today. I am very disappointed by the Budget. There was no good news for Dundee's Computer Games Industry. Families in Dundee are being hurt by George Osborne's reckless policies which are cutting too deep and too fast. In this budget the Tories have confirmed that the banks will get a tax cut this year while families in Dundee will see their child benefit frozen and families earning as little as £26,000 are set to lose their tax credits next year too.


On petrol prices the government should have gone further in this Budget. I know that petrol and diesel prices have gone up in Dundee, across Scotland the average cost of a litre of unleaded petrol is now 132.4p - up nearly 11p since December and the Tory VAT rise.


The Chancellor should have listened to Labour and reversed the VAT rise on petrol, which is adding £1.35 to the cost of filling up a 50 litre tank.
My friend and colleague Jim McGovern MP has made clear his views on the Budget. It is clear that Dundee deserves better than it is getting from the Tory-led Government at Westminster and the