Sleaford and North Hykeham MP Stephen Phillips has welcomed last week’s Summer Budget announcement by George Osbourne, endorsing the Chancellor’s plan to ‘finish the job’ on the deficit, keep moving to a higher wage, lower tax and lower welfare economy, and put security first for families in Lincolnshire.
Mr Phillips says the Budget sets out the action the Chancellor will take.
Commenting afterwards, Mr Phillips said: “This is a Budget that delivers security for working people in Lincolnshire and keeps Britain moving from a low wage, high tax, high welfare economy to a higher wage, lower tax and lower welfare country.
“The new National Living Wage and tax cuts for working families will boost take-home pay for those who work hard and want to get on in life – meaning more financial security.
“Reducing the tax burden on businesses will create jobs and give more people the security of well-paid work, and having a strong economy means we can invest in our world-class NHS and meet our defence commitments, helping families across the country feel more secure in their homes.
“This is a Budget that puts security for families in Lincolnshire first.”