West Norfolk MP James Wild claims Rachel Reeves’ Budget goes back on election promises

West Norfolk’s Conservative MP has accused the Government of “broken promises” following the Budget this afternoon.

And James Wild, who represents North West Norfolk, believes Chancellor Rachel Reeves’ plans could make it more difficult to create jobs in our area.

She has set out a Budget which will increase taxes by £40billion which she promises will “fix the foundations” of the economy and repair public finances.

Ms Reeves claims a “black hole” left by the Conservatives requires tens of billions of additional taxes.

However, Mr Wild insists that the Labour Party has gone back on its election pledges.

“The Labour government said growth was its priority but these plans are forecast to deliver lower growth than was predicted before the election,” he said.

“This Budget increases taxes by £42billion hitting working people, means higher costs for businesses including pubs and shops, and will increase borrowing significantly.

“Putting up national insurance is a broken promise which will mean lower wages and make it harder to create jobs. Labour has also broken its pledge to protect family farms and will increase costs for food production.”

Mr Wild also said that the Government must now deliver on its commitment to approve plans for a Queen Elizabeth Hospital rebuild so the project can be ready by 2030.

Speaking after the Budget, he added: “After more than a decade of frozen fuel duty, it is welcome the Government has listened to the calls I and other MPs made to continue to support people particularly in rural areas like ours.

“But it is very disappointing that the Chancellor has not done anything to help over 21,000 pensioners locally who will lose their winter fuel payments and struggle to heat their homes.”