'Grim Thursday' as Lancashire reacts to Jeremy Hunt's plans to beat recession

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Food poverty campaigners and a councillor in Lancashire have branded Thursday a ‘grim day’

following on from the Chancellor’s Autumn Statement.

Read more: On the streets of Lancashire where Jeremy Hunt's Autumn Statement was about as hot as a lukewarm cup of tea Similarly, she said the decision to keep the triple lock on pensions and raise benefits would end up being ‘wiped out by rising costs, prices, energy bills,’ pointing to the impending harsher rules for benefits claimants on seeking work mid recession and a possible rise in unemployment.

Her anger is backed by Diane Ireland, of Fylde based food bank Fresh Food for Working Families. She told Lancs Live: "The government needs to admit inflation is more like 15% not 11%. Energy and food are essentials, not sofas and such which you may buy every decade.

 

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Britain Is Embracing Austerity 2.0 As Recession BitesFinance minister Jeremy Hunt announced billions in spending cuts and tax rises on Thursday. vote this worm out of officer ASAP “Cutting your spending as we go into recession is the opposite of a Keynesian response,” he says, referring to a school of economic thought that calls for economic stimulus in difficult conditions.
Source: TIME - 🏆 93. / 53 Read more »