SNP Calls for Corrective Budget

22 Mar 2016

Plans to fill a £4.4bn black hole in Chancellor George Osborne MP's budget will not be revealed until the end of the year, it has emerged.


Osborne hoped that a reduction to Personal Independence Payments to disabled people would save the Treasury £4,400 million. He has since had to abandon the plan after pressure forced several Conservative MPs to indicate they would rebel and Secretary of State for Work and Pensions Ian Duncan Smith MP resigned.


Financial Secretary to the Treasury David Gauke MP said the Government will set out its plans in the Autumn Statement.


SNP deputy leader Stewart Hosie MP called for a “corrective budget” to be scheduled for the summer.


“We are witnessing another Osborne budget unravelling and yet all we are getting today from the government is a quick statement and that is not good enough.


 “Such is the mess in the Treasury’s plans and the civil war within the Tory party that the government needs to be looking seriously at a corrective budget to sort out this shambles,” he said.


The Commons is due to vote on the finance bill which accompanies the Budget this evening.
 

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