In her spring statement, I urge Rachel Reeves to look beyond short-term economic stability – and towards tackling long-term inequalityIf someone read out the following list of policies, which party would you think was in power? Depriving 2 million pensioners of the winter fuel allowance. Refusing to scrap the two-child benefit cap to lift nearly half a million children out of poverty. Raising tuition fees for students by more than the rate of inflation. Cutting overseas aid to the poorest people across the globe by half. Cutting £5bn from benefits for disabled people. Introducing a new round of cuts to government department spending and laying off 50,000 public sector workers.I very much doubt even 12 months ago you would have thought that this would be the Labour party in government.John McDonnell is the independent MP for Hayes and Harlington. He was shadow chancellor for Labour from 2015 to 2020 Continue reading...
John McDonnell argues that the Labour government, led by Rachel Reeves, is enacting austerity measures, including cuts to benefits, overseas aid, and public sector jobs, despite changing economic realities. He believes the upcoming spring statement is the government's last chance to adopt a progressive path and address long-term inequality.
