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Aileen Campbell, SNP MSP for Clydesdale, has today hit out at Chancellor George Osborne for punishing those trying to get ahead in Clydesdale. Following the news that the budget will particularly badly affect young people and low income working families, analysis has come to light showing that the chancellor’s rebranding of the newly raised minimum wage is little more than a sleight of hand. Even at the much publicised £9 figure by 2020 it will still be short of a true living wage, as calculated by the charities who campaign for low-wage workers. Overall, given the cuts to tax credits, early analysis by the Resolution Foundation showed that a low-earning couple with two children would be £850 worse off, requiring 5 years of 2% pay rises to offset their losses.1

Commenting Ms Campbell said:

"Given this was the first all Tory budget in the best part of two decades we had expected some very punitive measures and despite the improved minimum wage it is clear this budget will cause real hardship for families in Clydesdale. The Tories trumpet their support for hard work but those who need tax credits are amongst the hardest working in our community, working long hours for little reward. Other low earners, young people and vulnerable groups have also been hit hard. Local Tory MP David Mundell, who remains part of the government, has a lot to answer for, given the impact of these cuts on Clydesdale households.

"We really see the Tory Government’s true colours with the raising of inheritance tax thresholds to a £1million for couples. If they wanted to reward hard work the chancellor wouldn’t be cutting public services to fund a tax cut for wealthy."

1.For more analysis from the Resolution Foundation see: http://www.resolutionfoundation.org/media/press-releases/welcome-boost-on-low-pay-but-severe-welfare-cuts-will-mean-big-losses-for-many-low-income-working-families/

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Aileen Campbell MSP, Kirkton Chambers, 12 Kirkton Street, Carluke ML8 4AB • 01555 750 249 • This email address is being protected from spambots. You need JavaScript enabled to view it.

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