Fiscal statement: Not a plan but "a recipe for disaster"

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Responding to the Chancellor's fiscal statement today, Liberal Democrat Treasury Spokesperson Sarah Olney said:

“This statement was an admission of failure from a Conservative government that is totally out of touch with the British people. It is not a plan, but a recipe for disaster that will leave families suffering from soaring prices while banks and oil and gas companies rake in huge profits.

“Instead of a real plan to grow the economy, the Conservatives are reheating the same old failed policies and lifting the cap on bankers’ bonuses.

"Handing billions of pounds of tax cuts to banks and multinational companies will do nothing to help people get a GP appointment when they need it, give our children a better education; and make our streets safer.

“It’s clear that Kwasi Kwarteng and the Conservatives are taking the British people for granted and have no plan to deal with soaring energy bills, sky-high petrol prices and rising food costs.”

ENDS