REDDITCH MP Rachel Maclean has welcomed the Chancellor’s Spring Statement as a plan for a bright future.
Philip Hammond is to provide extra £100million to police forces in England and Wales in the next year to pay for additional overtime targeted specifically on knife crime.
He also announced Government funding for free sanitary products in all English secondary schools and colleges.
Additionally, small firms were given a boost in their fight against late payments when the Chancellor said listed companies will be required to review and detail their payment practices in annual reports.
Mrs Maclean said other highlights include:
1. Wages will rise faster than previously expected. Wage growth has been revised up in every year to 2023.
2. Employment will continue to rise. 600,000 more jobs will be created by 2023.
3. The economy will grow in every year – it’s at 1.2 per cent this year, faster than Germany.
4. The deficit has been revised down in each of the next five years, £3bn lower than expected this year, down to 1.1 per cent of GDP from almost 10 per cent under Labour.
“Labour opposed all the decisions we took to get the economy back on track – if we’d listened to them there would be fewer jobs and higher taxes on working families,”” said Mrs Maclean.
“This Spring Statement sets out our plan for a bright future for Britain – creating a digital economy people can have confidence in, redoubling our commitment to skills and world-class infrastructure, staying at the cutting edge of clean growth and tackling the big challenges like knife crime and period poverty in secondary schools.”