Corbyn ally Peter Dowd hammers Philip Hammond following unveiling of the Budget

Peter Dowd dismisses Philip Hammond following unveiling of the Budget

The shadow chief secretary to the Treasury said the Chancellor didn't have a high bar to cross

Thursday, November 23, 2017

Peter Dowd MP has ridiculed Philip Hammond following the unveiling of the Budget on Wednesday.

Among the promises outlined in the Budget by the Chancellor include the removal of stamp duty for first-time house buyers, as well as a boost in investment.

While the Budget has won Hammond praise in some papers and among some Conservative figures, Dowd, the Labour MP for Bootle and shadow chief secretary to the Treasury, said he didn't have a high bar to live up to.

Dowd said: "He didn’t have a great deal to live up to, he couldn’t have been doing any worse than he was.

"The bar was pretty low so getting through that without falling flat on his face – even if his jokes were flat - wasn’t going to be difficult.

"I think the balance has shifted where even Philip Hammond recognised business investiment is flatlining.

"For example, we’re only 5% above investment levels going back to the crisis – in that ten year period, we’re 5% up.

“It’s the duty and responsibility of the government to step in and they haven’t done so.”

Listen above. 

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