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Economists give Budget warning

LEFT economists yesterday warned of “brutal cuts” hidden in the Budget that will ensure the poor continue getting poorer and the rich richer.

The £13 billion cut from public services and a further £12bn from benefits will mean just that, warn Left Economics Advisory Panel’s (Leap) Andrew Fisher and MP John McDonnell.

Leap co-ordinator Mr Fisher said: “There has been no recovery for most workers or people out of work — and won’t be for several years yet.

“Austerity has driven down wages, increased homelessness and cut public services and benefits. Nothing the Chancellor said today will build an economy that works for all.”

Leap chairman and Labour MP for Hayes and Harlington Mr McDonnell added: “The Chancellor issued a blitz of statistics claiming living standards are rising, but they bear no relationship to the reality of people’s lives.”

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