- ‘Granny-tax’ will see hundreds of pensioners in Beaumont Leys paying more tax
- Personal allowance rise is smoke and mirrors, equates to a few pounds a week
- Child benefit cuts will leave hardworking middle-income families worse off
- 3p fuel duty hike hits hundreds of Beaumont Leys residents who commute to work
- 37p increase on packs of 20 cigarettes, 5p increase on the price of a pint
- Minimum wage frozen for under 21s, no plan to create jobs for young people
“This is a bad Budget for ordinary hardworking people and middle-income families here in Beaumont Leys; the ward I represent on the Leicester City Council.
The population of Beaumont Leys is around 14,000 people – roughly the same as the number of millionaires around Britain who will save more than £40,000 in tax, as a result of today’s Tory / Lib Dem Budget.
By reducing the top rate of tax from 50% to 45% this Tory-led Government has cut taxes for the richest 1% in our country. With 23 millionaires in the Cabinet potentially benefitting from this reduction it is completely absurd for this Government to carry on claiming that “we are all in this together”.
Here in Beaumont Leys we have several residential homes and sheltered housing communities. By freezing personal allowances for pensioners this Tory-led Government is raising one billion pounds from the elderly to fund tax cuts for millionaires. This ‘granny-tax’ is yet another example of how the Tories are taking from the many and giving to the few.
For our many hardworking middle income families here in Beaumont Leys cuts to child benefits will leave hardworking people far worse off. And although raising personal allowances to £9,205 might sound impressive, in real terms it boils down to just a few pounds a week, which this Tory-led Government will instantly claw back by raising fuel duty later in the year.
Petrol and diesel prices are already at record levels. Here at the local Tesco garage in the Beaumont Leys shopping centre the cost of unleaded petrol currently stands at £1.359 per litre and diesel is priced at £1.429 per litre. These prices will increase by 3p in a few months’ time over and above any additional increases that Tesco decides to implement. Hundreds of Beaumont Leys residents who commute to work will be hit hard by this tax hike.
In this part of Leicester we also have some of the most deprived areas of social housing and under privileged people in the whole country. Whilst Leicester City Council continues to work hard to try to address underlying problems, this Tory-led Government has already slashed local authority funding, leaving people in Beaumont Leys and right across Leicester worse off in the months and years ahead.
Of course smoking is extremely harmful and I would actively encourage people to give it up. But for any local residents who choose to smoke in spite of the health risks, the cost of a pack of 20 cigarettes will increase by 37p this evening. The cost of a pint of beer will also go up by 5p, which is 2% above the rate of inflation.
Our young people in Beaumont Leys have also been hard hit. Not only has today’s Budget done nothing to actively create jobs for younger people, but this Tory-led Government has frozen the national minimum wage for all under 21 year olds. Workers under the age of 18 will see their minimum hourly rate fixed at £3.68 whilst the minimum hourly wage for 18 to 21 year olds remains unchanged at £4.98.
As a local Councillor for Beaumont Leys and as a local resident I am bitterly disappointed for my family and friends, and for thousands of my constituents who are being hit hard, as this Government chooses to cut taxes for millionaires.
Our pensioners are being forced to pay more, our young people are left to fend for themselves, middle-income families are being punished for working hard and motorists are being ripped off yet again. This is a bad Budget for Beaumont Leys and a bad Budget for Britain.”
Cllr Sundip Meghani