MP: mini-budget U-turns may not be enough to reassure markets
Responding to recent events, John said,
“The U-turns announced today may help to calm markets, but more reassurance may yet be required. There are still major uncertainties including the Prime Minister’s future and details of spending cuts. Credibility lost is difficult to regain.”
“Meanwhile, we need to see more compassion. I continue to press the Government to ensure benefits will rise with inflation rather than earnings. We must remain true to our One Nation agenda.”
Notes to Editors:
- Please also see John’s press releases of 3rd October [‘John Baron MP welcomes 45p U-turn’] and 5th October [‘John Baron MP: Benefits should be linked to inflation’].
