Jeremy Hunt’s Financial Statement Offers Only Uncertainty for Welsh Families

Commenting on Jeremy Hunt’s shock economic intervention Welsh Liberal Democrat Leader Jane Dodds MS said:

“Hunt’s statement points to the despicable damage that the Conservatives continue to wreck on households, businesses and individuals. All his statement today has done is cause wider uncertainty for households and the businesses sector.

“The Conservatives are trashing the economy with every day that passes and creating havoc for peoples’ mortgages. Now they are planning to inflict even more suffering by raising energy bills, hiking taxes and slashing crucial public services. These service cuts will see knock-on effects to the Welsh Government as budgets for key departments like education and health may be squeezed even tighter.

“What’s worst is they are still determined to protect oil and gas giants from a proper windfall tax and they are still cutting taxes for the big banks.

“Truss and Kwarteng are symptoms of a wider problem. This entire Conservative party is out of touch. That’s why we need a General Election to remove them from power and put an end to this devastating crisis.”

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