I hope this finds you well.
Yesterday in the Autumn Statement the Chancellor announced tough but fair decisions to restore economic stability and tackle inflation. Inflation makes everyone poorer, that is why the Government’s number one priority is to grip inflation.
Like many countries around the world, the UK is facing profound economic challenges – Putin’s illegal invasion of Ukraine and the Covid pandemic have cost our country billions. We spent over £400 billion supporting 14.5 million jobs during the pandemic. It is right that we start to pay that back now rather than leave future generations to pay the price.
This Government is standing by the most vulnerable. Therefore, we are uprating benefits in line with inflation and keeping the pensions triple lock.
This plan is fair and involves a roughly equal split between tax rises and spending cuts, with the greatest burden falling on those who can afford it most.
There is more money for schools and the NHS, and a plan to boost economic growth. To achieve long-term, sustainable growth we need to grip inflation, balance the books and get debt falling as a share of GDP.
I have always been a supporter of both Rishi Sunak and Jeremy Hunt as they both deliver solid policies and have the vision our country needs.
Locally, I enjoyed an evening at the Chelsea Society and reporting back at their AGM on the top three issues I have worked on in the past year for Chelsea: Fighting against Mayor Khan’s bus cuts, the campaign to keep all of Chelsea in one Parliamentary constituency and working with the Government to save Chelsea FC.
I look forward to attending similar events across the constituency in the coming weeks.
Please don’t forget to sign up for my next Crime Summit which will be held on 1 December in Fulham.
Have a good weekend!
The Rt Hon Greg Hands MP
Member of Parliament for Chelsea & Fulham