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Labour forces u-turn on Tory Tax Credit Cuts

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Labour have forced the Tory Chancellor George Osborne into a humiliating u-turn over cuts to Tax Credits.

Tax Credits are benefits that go largely to working families. Introduced by Labour, they have helped reduce poverty and make work pay.

The Government had planned huge cuts to Tax Credits that would have hit 15,000 working families in Lewisham, losing them an average of £1,300 a year. The cuts would have hit hard-working families, struggling to get by on low wages. They would have forced 200,000 children into poverty nationally by 2020.

Labour has fought hard against the Tory Tax Credit cuts. By defeating the proposals in the House of Lords, we forced the Chancellor to think again. And we’ve been campaigning hard locally to raise awareness and oppose the cuts.
We are delighted to see the Government has caved in. However the Tories are still promising a massive £12 billion of welfare cuts and they have not explained where this will come from. We need to balance the books, but we can’t do so on the backs of the poorest.

Lewisham Labour are committed to helping reduce poverty and help local people with the cost of living. We have frozen Council Tax for six out of the last seven years. Lewisham Council was the first to pay the Living Wage, and we’ve recently announced an incentive scheme to encourage local employers to do so too.

In addition to the u-turn on Tax Credits, the Government have also dropped massive spending cuts planned for the Police. However, other areas have been hit hard by the Comprehensive Spending Review, with funding for local government set to be cut even further.

Councillor Joe Dromey said ‘we’re delighted that Osborne has been forced to rethink his Tax Credit cuts. The Tories claim to stand up for hard-working people. But these cuts would have hit working families hard, pushing several hundred children in Lewisham into poverty.’

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