Budget is "judgement day" for Chancellor on cost of living crisis

Embargoed until 22.30 Tuesday 14 March 2023

Commenting ahead of the Spring Budget, Liberal Democrat Treasury Spokesperson Sarah Olney said:

“This is judgement day for the Chancellor on the cost of living crisis. Desperate families are looking for a lifeline to cope with soaring energy bills, food prices and mortgage payments.

“But instead of offering real help, this Conservative government has made things so much worse by crashing the economy and blowing a hole in the public finances.

“Now Jeremy Hunt is asking families to pay the price for this Conservative chaos through years of unfair tax rises, while neglecting public services and letting oil and gas companies off the hook.

“In these tough times, British people deserve a proper plan to tackle this cost-of-living crisis instead of just tinkering at the edges. That means a proper windfall tax, a £500 cut to energy bills and investment in fixing our crumbling hospitals.”

ENDS