Fylde MP welcomes Budget for working families

Fylde MP Mark Menzies has welcomed a Budget which will put more money in the hands of working families.

Mr Menzies said: “We again see a budget to help working families from the Chancellor.

“The rise in personal allowance to £11,500 puts hundreds of pounds back into every household.

“And the doubling of childcare to 30 hours a week will help thousands of families.

“Real wages have risen for 27 months in a row – more good news for those in employment.

“I’m also delighted with the £435m package to help small businesses, and the reduction in Corporation Tax. These measures will help the economy grow further, with businesses more able to expand and create more jobs.

“The economy has grown more than the US and Japan and we’re second only to Germany; the Office for Budget Responsibility has also upgraded this year’s growth outlook to two percent from 1.4. We are doing a lot better than expected.

“The combined £570m investment for research and robotics will help ensure our place as world leaders in industry.

“I also welcome the extra £2bn earmarked for social care, putting money in the hands of those who need it most.”

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