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Labour is lifting 450,000 children out of poverty
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The increase in the #minimumwage means that ....
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For the first time in thirty years ....
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The most in need kids in #farnham and #bordon get a boost from Labour
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Labour is protecting the Triple Lock #fablabour #Labour #laboursoutheast ... See MoreSee Less
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🚨TOP ANNOUNCEMENTS FROM TODAY’S BUDGET: A Labour Budget focused on cutting the cost of living for millions of households across the country.
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⚡️ Cutting the cost of energy bills — £150 cut from average household energy bill from April.
🛑 NO INCREASE in National Insurance, Income Tax or VAT.
👶🏻 Scrapping Two Child Limit — lifting 450,000 children out of poverty.
💼 Increasing the Minimum Wage from £10 to £10.85 per hour for 18–20 year olds.
💷 Increasing the Living Wage from £12.21 to £12.71 per hour.
👵🏻 Increasing the Basic and New State Pension by 4.8% — £440/£575 rises.
🚗 Extending 5p cut to Fuel Duty until September 2026.
💊 Freezing Prescription Charges.
🚆 Freezing rail fares for the first time in 30 years.
🚌 Extending the Bus Fare Cap.
🍽️ Expanding Free School Meals to half a million more children — lifting 100,000 out of poverty.
🥣 More free breakfast clubs in schools.
🎰 Increasing taxes on gambling in response to rise in online gambling.
🏪 Permanently lower Business Rates for 750,000+ retail, hospitality and leisure properties.
🚙 Scrapping luxury vehicles from the Motability Scheme.
🛠️ Funding to make under-25 apprenticeship training free for SMEs.
🎓 Funding for New Youth Guarantee — £820m over three years for college, apprenticeships or personalised job support.
🔍 Clawed back nearly £400m from fraudulent Covid spending and contracts.
🏥 250 new Neighbourhood Health Centres for faster local care.
❤️ Exempting all Infected Blood Scheme compensation payments from Inheritance Tax.
📚 £5m for new secondary school libraries and £10m for primary school libraries.
🛝 £18m to improve and upgrade children’s playgrounds across England.
And…
📉 Reducing borrowing more over the rest of this Parliament than any other G7 economy.
💱 Cutting interest rates five times since the General Election last year.
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