"At the budget last week, we made the right choices for Britain, cutting the cost of energy with 150 off bills, protecting the NHS and tackling the scourge of child poverty by removing the two-child limit. We also ensured that the revenue we raised through taxes was done fairly, with everyone contributing but those with the broadest shoulders contributing their fair share."
"This is vital for protecting our public services, when 1 in every 10 spent by government goes on debt interest. The budget builds on the action we have already taken to improve the economy: providing 120bn in extra capital investment in such things as roads, rail and energy; enacting the biggest planning reforms in a generation to back builders, not blockers; supporting the expansion of Heathrow and Gatwick; and signing trade deals with the EU, India and the US."
"By doing that, we will end decline and restore faith in our country. We will take on those on the left and right who only offer grievance and whose approach would lead to further decline. Let me be clear, turning on the borrowing taps or returning us to austerity that is the politics of decline and I will not accept it."
The budget cuts energy bills by £150, protects NHS funding and removes the two‑child benefit limit while ensuring higher earners contribute fairly through taxes. These choices stabilized the economic environment, reducing inflation and government bond yields and lowering exposure to rising debt interest costs. The plan adds £120bn of extra capital investment in roads, rail and energy, reforms planning to accelerate housebuilding, supports Heathrow and Gatwick expansion, and advances trade deals with the EU, India and the US. The overall aim is national renewal through growth, tackling youth inactivity, deregulation and closer international cooperation.
Read at www.theguardian.com
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