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Budget Response from Herford & Stortford Conservative Association

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Friday, 1 November, 2024
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The budget is a huge setback for hardworking people in our community. Whether you take the bus or train, run a small business like a shop or salon, or work in a trade, Labour’s taxes are reaching into your pocket. This budget is a tax-raising, growth-crushing move that piles on debt, leaving our economy weaker and public services at risk.

Labour’s election promises of restraint have crumbled, and this budget reveals the truth: they’ve raised taxes on nearly everything. They say there’ll be no taxes on working people, but who do they think will bear the cost? From hikes in National Insurance, capital gains, and car tax to VAT on school fees, this is a budget that punishes hard work and aspiration. In a particularly cruel move, Labour has scrapped universal winter fuel payments, leaving some of our most vulnerable pensioners—those on as little as £13,000 per year—out in the cold.

Even the Chancellor herself admits that this tax hike will stifle wage growth. The real cost? Lower growth, fewer opportunities, and a legacy of debt for future generations.

Let’s be honest—we’re here today because we, as Conservatives, fell short. We lost your trust, and that’s on us. But Labour’s broken promises only highlight why we must rebuild: to bring back a party that stands for hard work, economic growth, and real opportunity. We’re committed to learning from our mistakes, earning back your trust, and putting our community’s priorities first.

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Published and promoted by Nathan Parsad-Wyatt on behalf of Hertford and Stortford Conservative Association, all of 23-25 Maidenhead Street, Hertford, SG14 1DW
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