Labour's council tax plans punish financial prudence

JUST when you thought it was impossible for this Government to preside over a more-divided Britain, Labour's latest council tax plans will create a two-tier country where financial prudence will be punished by rising bills. But we should not be surprised.

- Duncan Barkes

Labour knows no other way than to tax us until the pips scream. And finding cash has never been more important for this administration as it scratches around to plug a £50billion-plus black hole.

No longer can the Prime Minister or Chancellor blame the previous Conservative government for the financial chaos we find ourselves in. After over a year in charge, they need to start being accountable for their appalling decisions to date, which have resulted in economic stagnation, rising inflation, increased unemployment, fewer job vacancies and a growing number of small businesses calling it quits forever.

Rachel Reeves's budget was the blueprint for where we find ourselves a set of measures so anti-business, it is no surprise growth has stuttered to a halt.

Against this gloomy backdrop, the Government is desperate to find ways to fund its lavish spending and to service our ludicrously high levels of national debt. The amount of money we pay in interest alone on our debt now exceeds over £105billion a year. This is not cash spent paying off the debt, but simply the amount needed to fund the interest payments.