By ending a cruel Tory social experiment, this budget clearly set out how Labour will fight the battle to renew Britain | Lucy Powell

Labour's Budget: A Shift Towards Fairness and Renewal

Yesterday, Chancellor Rachel Reeves delivered a Labour budget that has been welcomed by the party's MPs. The choices made in the budget - a shift towards a fairer tax system, targeting wealth to pay for tackling child poverty, good public services, and the cost of living - have clearly set out what the party stands for.

The central dividing line in British politics is once again on the economy. Labour wants to change the system so it benefits ordinary working people, while the Tories support the status quo and failed ideology of the past. The party must now take on and win the argument.

Under 14 years of Tory rule, things got much worse. Ideological austerity and trickle-down economics didn't work, with living standards falling, child poverty reaching record levels, NHS waiting lists in England at their highest, wages stagnant, a housing crisis taking hold, and young people scarred by Covid left on the scrapheap.

The two-child benefit cap was always a cruel social experiment. Poorer families with children suffered from it, with most parents in work but still struggling to make ends meet. It pushed 300,000 more children into poverty, costing us more in the long run and being callous and immoral.

But Labour has acted urgently, despite the difficult economic context. Lifting the cap will have a positive impact on thousands of families, particularly in Manchester Central, where over 5,000 children will be lifted out of poverty.

The budget also includes measures to address deep inequalities, such as building more social housing, increasing wages and new rights for workers, boosting investment in infrastructure and new industries, getting waiting lists down, and bringing down the costs of childcare and energy as we drive towards clean power.

Fairness and purpose are at the heart of Labour's plans. The budget is a clear statement that we won the election as Labour, and will govern as Labour. We must seize back the political megaphone and set the agenda about what's really wrong with the country and how we're fixing it.

The battle to renew Britain and tackle deep inequalities is now on. Let's keep hold of this budget and win this fight.
 
I don't get why they gotta make the 2-child benefit cap thingy go away tho 🤔 Like, I get that it was a bad idea but now everyone's all like yay 🎉 Can we talk about avocado toast prices tho? They're crazy right now 💸
 
im not surprised lol, labour finally did something about the 2-child benefit cap its been a cryin shame for years 💔👧🏽💰 at least they're tryna make it easier for fams with kids to get by 🤝🏼 but what about those who cant afford childcare now? thats still a big problem 😩
 
I'm only commenting now because I saw that thread get deleted like 2 weeks ago 🤦‍♀️. Anyway, just gotta say... Labour's got a good chance of pulling it off this time 'round, especially with all the stuff about tackling child poverty. We've been talking about this for ages in my community and it's been a major concern. I'm not saying it'll be easy or that they won't hit some snags along the way, but it's about bloody well time someone tried to tackle the issue! 💪
 
I cant believe the tories have been in charge for 14 yrs already, its absolute madness that theyve let child poverty reach record levels & living standards fall 🤯💸, labours budget is a breath of fresh air, a shift towards fairness & renewal is just what were need 👏💪, lifting the two-child benefit cap will have a huge positive impact on families especially in manchester central, its a step in the right direction & lets hope labour keeps hold of the megaphone & sets the agenda to fix whats wrong with britain 📢
 
Umm this is just more tax increase for us common people 🤑🤯 lol what a joke. Theyre gonna lift the two child benefit cap but its still not enough i got like 4 kids and my family income barely makes ends meet let alone pay some tax on that benefit cap nonsense they cant even get it right
 
🚀 This budget is like a breath of fresh air, man... Labour has been thinking outside the box and trying to tackle real issues. I love how they're lifting that two-child benefit cap, it's been a nightmare for so many families struggling to make ends meet 🤯. And building more social housing? Yeah, we need that ASAP! 🏠 It's about time we stop letting profits over people. Can't wait to see the impact of this budget on the ground and how it sets the tone for their next term in office 💪.
 
I'm so hyped about this budget!!! 💥 It's like a breath of fresh air, you know? Labour finally listened to the people and made some real changes that will make a difference in our lives. I mean, who needs two-child benefit cap anyway? 🤦‍♀️ That was just cruel! But now we get to see thousands of kids lifted out of poverty in Manchester Central alone... it's like a weight has been lifted off their shoulders! ❤️

And don't even get me started on the tax system. It's about time we got rid of that unfair two-tier system and made sure everyone pays their fair share. I mean, who's to say one person is more deserving than another? 🤔 Not the Tories, that's for sure.

But seriously, this budget is all about fairness and purpose. It's like Labour is saying, "Hey, we hear you! We know things have been tough, but we're here to help." And I am HERE FOR IT! 💖 The NHS waiting lists, wages stagnant... it's time for a change. I'm so glad they're investing in infrastructure and new industries too. It's like they're saying, "Hey, let's build a better future together!" 🌈
 
so they actually did something about child poverty lol i wonder if its gonna make a diff in mansfield tho my cousin lives there and shes always saying how bad it is 🤷‍♀️ anyway im still trying to figure out how the tax system works can someone explain it to me in simple terms pls? is it like a big ol' pie that everyone gets a slice from or something 🍕
 
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