The Scottish National Party has called on the Chancellor to use this week’s Autumn Statement to finally ditch the Tory government’s failed austerity agenda as new research shows that struggling families are set to be £2,500 worse off per year by 2020.
In addition to leaving working families worse off the Tory government’s mismanagement of the economy and obsession with austerity has failed on its own terms – holding back economic growth and causing the government to miss its own targets on key economic indicators including the debt, deficit, borrowing, productivity, trade and exports.
Ahead of the Autumn Statement the SNP is calling on the UK government to end its cuts to social security, and stimulate the economy through more flexible fiscal rules, increased investment, and by putting in place a comprehensive plan for trade, exports, innovation and productivity.
Commenting Dr Eilidh Whiteford MP, SNP Social Justice spokesperson, said: “This study confirms what families across the country already know to be true – that the Tories’ failed austerity agenda has cut living standards and is leaving working families struggling to get by.
“As a result of Tory cuts it is now more difficult than ever for ordinary families to cover their rent, bills, and afford everyday basics – many families are working hard but struggle to put aside money at the end of the month.
“The Tory claim to be on the side of the ‘just about managing’ is ludicrous – nothing could be further from the truth when UK government policies are leaving families poorer and making life harder for the majority.
“At the Autumn Statement the government must finally end its austerity obsession, stop the cuts to support for working families, and the sick and the disabled and deliver for the many not just the few.”
This is an official press release from the Scottish National Party (SNP).