David Evennett, MP for Bexleyheath and Crayford, has welcomed the announcements made by George Osborne, Chancellor of the Exchequer, during today’s Budget in the House of Commons (19 March).
Following the good news earlier this morning that unemployment had fallen again in Bexleyheath and Crayford, Mr Evennett said that “This is a Budget that supports pensioners, savers, workers and makers. It will make a significant difference and is constructive and realistic.”
The Budget included a number of proposals that will help local people and businesses across Bexley Borough. These include:
• Cutting income tax by raising the threshold to £10,500
• Freezing fuel duty and cutting beer duty
• Supporting savers by reforming ISAs
• Meeting our manifesto commitment to abolish the need for an annuity
• Helping pensioners by introducing a new bond with a better return
• Backing business by cutting energy costs and supporting manufacturers
• Capping the total amount the Government can spend on welfare
• Building more family homes
Mr Evennett said “This is a responsible and positive Budget that is part of our long-term plan that will give security to families across the country. It also provides much needed support to those who work hard and do the right thing. Conservative Ministers are cutting tax, helping pensioners, freezing fuel duty, backing businesses, capping welfare and supporting savers.
“The Government has taken some difficult decisions in order to clear up the mess caused by Labour, who did real damage to our economy and country during their thirteen years of mismanagement. They must never be trusted with Britain’s finances again.”