i think you are right. i think this is deeply i think you are right. i think this is deeply cynical. i thought rishi sunak is deeply cynical. i thought rishi sunak was trying to please conservative backbenchers and get them conservative backbenchers and get them ready for the next election rather them ready for the next election rather than dealing with the suffering that so many people are facing suffering that so many people are facing it s suffering that so many people are facing. it s quite cynical, isn t it, facing. it s quite cynical, isn t it. when facing. it s quite cynical, isn t it, when people are facing these huge it, when people are facing these huge rises it, when people are facing these huge rises in their heating bills, their huge rises in their heating bills, their food huge rises in their heating bills, their food bills, families are really their food bills, families are really being pushed into poverty and don t know really being pushed into povert
national insurance threshold and a 1p national insurance threshold and a 1p cut to income tax even though that will take time to come into force. other measuring up enough? no comments a total swindle. and if you look no comments a total swindle. and if you look at no comments a total swindle. and if you look at the fine print published yesterday you look at the fine print published yesterday it shows taxes overall going yesterday it shows taxes overall going up yesterday it shows taxes overall going up by over £1500 per year per household going up by over £1500 per year per household under this conservative government and these tax rises are coming government and these tax rises are coming at government and these tax rises are coming at the worst possible time with a coming at the worst possible time with a squeeze on families and pensioners and again, set to be the worst pensioners and again, set to be the worst for pensioners and again, set to be the worst for
particular by low paid workers and small businesses. that is not the right priority for our economy or people struggling. that is why it is a swindle and you can say that about the national insurance threshold. the liberal democrats want to take lopini paea low pay people out of tax, we delivered that when we were in government but what the chancellor is doing is another swindle. he is freezing the income tax personal allowance which is bringing millions of low paid people back into income tax, while raising national insurance threshold. people should not be fooled by this smoke and mirrors where he is raising allowance and cutting an allowance, raising attacks and cutting a tax. i m afraid this is not good management of our tax system. ed davey, leader of the lib dems, thank you very much ponder let s spend the final minutes of this special programme to think about some of the consequences, politically and obviously on e commerce and business. physically, it interesting
on the situation more than we have seen because the cost of living crisis was in place before that. but the levers were there for the chancellor to take real action to support people and not a single mention universal credit that i heard today, and yet this is the same person who a matter of months ago took £20 per week out of those on universal credit, at a time when he knew the cost of living was going to increase. is a repeat because it needs to be repeated, fuel bills will be around £3000 a year, £3000 a year and the best he can muster is 300 quid, it s not good enough. thank you very much. now the leader of the liberal democrats, ed davey from with us in central lobby. your reaction to what the chancellor said? . . . reaction to what the chancellor said? , , . ., . , ., said? this is a total swindle from the chancellor. said? this is a total swindle from the chancellor. he said? this is a total swindle from the chancellor. he is said? this is a total swindle from the chan
pay later loan the chancellor already announced. the pay later loan the chancellor already announced. pay later loan the chancellor alread announced. ., ., , already announced. the total swindle from the chancellor, already announced. the total swindle from the chancellor, he already announced. the total swindle from the chancellor, he is already announced. the total swindle from the chancellor, he is giving - from the chancellor, he is giving with one from the chancellor, he is giving with one hand and taking back with the other~ with one hand and taking back with the other. people are struggling, they are the other. people are struggling, they are drowning in higher heating bills, they are drowning in higher heating bills, motoring bills, food bills. they bills, motoring bills, food bills. they needed a lifeboat and they did not get they needed a lifeboat and they did not get that from the chancellor. there not get that from the chancellor. there is not get that