Starmer says Tory mini-Budget 'taking the p***' out of voters

Sir Keir Starmer accuses Liz Truss and Kwasi Kwarteng of ‘taking the p***’ with radical tax-cutting Budget as he pledges to help struggling voters ‘sick and tired’ of soaring energy costs ahead of the Labour Party Conference starting TODAY

  • The normally mild-mannered party leader lashed out after Friday’s ‘fiscal event’ 
  • Income tax, corporation tax, stamp duty slashed to stimulate economic growth
  • The cap on bankers’ bonuses was also removed by Chancellor Kwarteng 

Sir Keir Starmer has accused the Tories of ‘taking the p***’ out of voters with their massive tax-cutting mini-Budget as he gears up for the Labour Party Conference.

The normally mild-mannered  party leader lashed out after Friday’s ‘fiscal event’ saw income tax, corporation tax and stamp duty slashed to stimulate economic growth. 

The cap on bankers’ bonuses was also removed by Chancellor Kwarteng as he made the biggest change to the tax system in 50 years.

But after he removed the 45p top rate of income tax paid by those earning £150,000 and over he was accused of helping only the super-wealthy at the expense of the rest.

He and Prime minister Liz Truss have defended their ‘trickle down’ approach, insisting the whole economy will benefit.

Sir Keir will open the Labour Party Conference in Liverpool today, and addressed activists last night. 

He said the Government’s ‘driving ideology’ is now to ‘make the rich richer and do nothing for working people’.

‘If you earn a million pounds, yesterday, you got a £55,000 pounds tax cut, enough to pay for a nurse,’ he said.

‘It’s not trickle down, it’s taking the piss.’

This morning Greater Manchester mayor Andy Burnham called on Labour to campaign to reverse the cuts to income tax ahead of the next election, telling Sky the Budget was a ”flagrant act of vandalism’.

 

The normally mild-mannered party leader lashed out after Friday’s ‘fiscal event’ saw income tax, corporation tax and stamp duty slashed along to stimulate economic growth.

The cap on bankers’ bonuses was also removed by Chancellor Kwarteng as he made the biggest change to the tax system in 50 years.

This morning Greater Manchester mayor Andy Burnham called on Labour to campaign to reverse the cuts to income tax ahead of the next election, telling Sky the Budget was a ”flagrant act of vandalism’.

Sir Keir will use the Labour conference to appeal to voters who are angry at ’12 years of failure’ under the Conservatives.

The Labour leader announced plans to end dependence on fossil fuels, with all the country’s electricity generated by renewable and nuclear power by 2030.

Labour claims the plan would save UK households a total of £93 billion over the rest of the decade – or an average saving of £475 for each household every year.

Sir Keir said the plan would also allow the UK to be free from being ‘exposed to dictators’ after Vladimir Putin’s invasion of Ukraine led to the current spike in global gas prices.

The green energy revolution is being presented as an alternative path to growth after Friday’s mini-budget saw Liz Truss and Kwasi Kwarteng set out a massive package of tax cuts in the hope of reviving a sluggish economy.

Sir Keir used speeches to activists on the eve of the Labour conference opening in Liverpool to denounce the ‘shower’ in Downing Street, who he accused of ‘taking the piss’ by offering tax cuts to the rich while giving less support to poorer households.

The Labour leader pledged to double the amount of onshore wind, triple solar and more than quadruple offshore wind power by 2030, according to details announced in The Observer ahead of the party’s annual conference.

The creation of a net zero carbon, self-sufficient electricity network would lead to permanently lower energy bills and independence from nations such as Russia, according to Labour.

The move could also create half a million jobs and make the UK the first country to have a zero-emission power system.

Sir Keir said: ‘The British people are sick and tired of rocketing energy bills and our energy system being exposed to dictators.

‘They want long-term solutions to cut bills for good.’

In a speech to activists, Sir Keir said the Chancellor’s admission of Tory economic failure would be hung ‘around their necks’ in the next election campaign.

Sir Keir will use the Labour conference to appeal to voters who are angry at ’12 years of failure’ under the Conservatives.

He said: ‘There’s a change in the air. There’s an atmosphere, there’s a sense that Labour is ready to deliver.

‘And don’t we need change after 12 years of this shower, 12 years of failure under this government, wages stagnant for 10 years, public services on their knees.’

It is already clear that the Chancellor’s mini-budget on Friday will set the dividing lines for the next general election, with Sir Keir telling Labour supporters: ‘I didn’t agree with almost anything he said in that financial statement yesterday apart from his opening sentence, when he said there’s a ‘vicious cycle of stagnation’.

‘He’s right about that and it’s their vicious cycle of stagnation. That is the verdict on 12 years of Tory government, a vicious cycle of stagnation and we need to hang that around their necks.’

The former director of public prosecutions said it was good when ‘somebody who is caught red handed actually pleads guilty’.

The Labour leader’s relationship with union chiefs has been strained by his refusal to offer full-throated support for the wave of strikes triggered by the cost-of-living crisis.

But he insisted he would lead the ‘most pro-trade union Labour government you have ever seen’, promising a Green Paper on workplace rights within 100 days of an election victory.

The conference is vital for Sir Keir to present himself as an alternative prime minister to Ms Truss, with the next election expected in 2024.

Sharon Graham, general secretary of the Unite union, told the BBC the Labour leader should ‘be bolder’ in his economic policy and not ‘stand still’ in order to win power.

The conference will formally begin on Sunday, with tributes to the Queen and a rendition of the national anthem.

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