Tory MP's looking Glum after the Autumn Statement downgraded Growth forecasts
Last week’s Autumn Budget by the Chancellor confirmed that the Tories’ austerity agenda, which caused misery to people across the country and devastated public services, has failed to balance the books as they had promised. The UK Government made the wrong choices and cut investment rather than continue to invest to create jobs. It appears that the Government will still not admit they are wrong, they are continuing down their path of austerity now promising to balance the books in the next Parliament around 2021. We are due a General Election in 2020 so hopefully the election of a Labour Government will turn things around.
Making notes while the Shadow Chancellor delivers his response to the Autumn statement
The Government have made much of the £400m investment that they announced in the Autumn Budget for Wales but let us be clear, this investment, as welcome as it is, will take place over 5 years and is as a consequential result of the investment that the Government is making across the UK, this in effect is Wales’ share. The Welsh economy is facing a challenging period, with uncertainty over exiting the EU creating difficulties for many local businesses, the Government really need to step up to the plate and offer some clarity.
Supporting Small business Saturday
This coming weekend (Sat, 3rd Dec), I will be spending time visiting as many small businesses and high street shops as I can to support Small Business Saturday. This has become an annual event taking place on the first Saturday in December. We know that many of our local High Streets and Town Centres have struggled in the financial climate we have seen in recent years. Local shops are up against stiff competition not least from online shopping but if we value having a thriving High Street, please offer small businesses whatever support you can in the run up to Christmas and throughout the year.
The Federation of small business is also encouraging people to commit to spending £10 locally in independent small businesses for Small Business Saturday. A great initiative, I hope that many constituents will join in the #10PoundPledge and support our great local buisinesses in the run up to Christmas. Don't forget to keep informed about all the events taking place on the day by checking on twitter using the #SmallBizSat
This article was originally published by the Merthyr Express and the Rhymney Valley Express. If you have been affected by any of the issues raised or would like to know more, feel free to contact Gerald using the contact tab above.