• Make a contribution
  • Get the Print Edition
  • Sign up for our daily newsletter
Monday, July 28, 2025
  • Login
Reading Today Online
  • HOME
  • YOUR AREA
    • All
    • Caversham
    • Central Reading
    • East Reading
    • Katesgrove
    • Reading
    • Southcote & Coley
    • Tilehurst & Norcot
    • Whitley

    Kerbside glass recycling finally set to be introduced in Reading next year

    Proposal to create Greater Reading that would absorb suburban villages debated

    PRIDE OF READING AWARDS: Meet the sponsors – Reading Football Club

    PRIDE OF READING AWARDS: Meet the sponsors – Reading Football Club

    Caversham woman charged in connection with robbery and kidnap incident

    Me2Club urgently appeals for support to continue

    Changes made to Reading council tenancies for first time in nearly 10 years

    Restaurant closed for 7 years to be turned into bar and eatery

    PRIDE OF READING AWARDS: Derry raises awareness of Reading’s good people

    PRIDE OF READING AWARDS: Derry raises awareness of Reading’s good people

    PRIDE OF READING AWARDS: Meet the sponsors – Kingdom Rooms

    PRIDE OF READING AWARDS: Meet the sponsors – Kingdom Rooms

  • COMMUNITY
  • READING FC
  • SPORT
    • All
    • Basketball
    • Football
    • Rugby

    Reading FC star Knibbs set to make Championship move as fee is agreed

    Reading FC confirm new signing as midfielder joins on permanent deal

    Former Reading FC loanee joins rivals

    Reading FC sign German attacker on permanent deal

    Reading and Chelsea legend Kerry Dixon set for Q&A at Purple Turtle

    Ex-Reading star Ejaria on trial with former Royals manager

    League One side set to win race for former Reading FC young star

    Reading FC opinion: Where are the goals coming from this season?

    Reading FC midfielder Knibbs linked with Championship move

  • ENTERTAINMENT
    • ARTS
    • READING FESTIVAL
    • READING PRIDE
    • WOKINGHAM FESTIVAL
  • PRIDE OF READING
  • OBITUARIES
  • JOBS
  • ADVERTISE
  • CONTACT US
No Result
View All Result
Reading Today Online
No Result
View All Result
Home Featured

MPs from both sides critical of Chancellor’s spring statement

Phil Creighton by Phil Creighton
Wednesday, March 23, 2022 9:53 pm
in Featured, Politics
A A
spring statement

The Chancellor Rishi Sunak visits a Sainsbury's supermarket in south east London after delivering his Spring Statement to parliament Picture: SIMON WALKER HM TREASURY

Share on FacebookShare on Twitter

MPs from both sides of the house have called on the chancellor to do more to tackle the cost of living crisis.

Earlier today, Rishi Sunak cut 5p off a litre of fuel, and raised the National Insurance threshold to £12,750 as part of his spring statement.

While there was a move to zero rate VAT on some renewable energy products, there were no new announcements on helping people meet the soaring cost of gas and electricity.

There was also no announcement of support for pensioners or those on universal credit, although local authorities will receive a share of a fund aimed at supporting those who need it.

Delivering the Spring Statement, Chancellor Rishi Sunak said: “This statement puts billions back into the pockets of people across the UK and delivers the biggest net cut to personal taxes in over a quarter of a century.

“Like our actions against Russia, I have been able to do this because of our strong economy and the difficult but responsible decisions I have had to make to rebuild our finances following the pandemic.

Related posts

VOTE 2024: Reading East MP Matt Rodda welcomes news of general election

GWR on Reading’s rail delays: ‘We share passengers’ concerns’

What is Mediation?

Almost 49,000 people waited more than four hours to be seen at RBH’s A&E department – politicians call for action

“Cutting taxes means people have immediate help with the rising cost of living, businesses have better conditions to invest and grow tomorrow, and people keep more of what they earn for years to come.”

But politicians from across the house disagreed.

Reading East MP Matt Rodda, who is Labour’s shadow minister for pensions, was disappointed with the statement.

“Despite the Chancellor’s announcement, residents face a cost of living crisis and taxes are at their highest level for 70 years,” he said.

“Labour would offer real help to our whole community by cutting VAT on energy bills with targeted financial support and insulation for those in greatest need, which would be worth £600.

“Both working people and pensioners would benefit.”

And Conservative MP Sir John Redwood tweeted: “The Treasury found £105bn it was not expecting over the course of the year. They should have given more of this back to taxpayers to tackle the cost of living crisis.”

Elsewhere, Cllr Shaun Davies, Chair of the Local Government Association’s Resources Board, welcomed the £500 million fund for councils to support low-income homes. He also urged the government to give details quickly on how it wil be allocated.

“The increase in short-term government funding through the Household Support Fund is a positive step but cannot on its own address underlying cost-of-living pressures, or to help people to make the most of their money and strengthen financial resilience,” he said.

“With many households likely to be economically vulnerable for some time to come, councils also want to work with government on an effective long-term solution to preventing poverty and disadvantage that moves away from providing crisis support towards improving life chances.”

Keep up to date by signing up for our daily newsletter

We don’t spam we only send our newsletter to people who have requested it.

Check your inbox or spam folder to confirm your subscription.

Tags: budgetcost of living crisisjohn redwoodmatt roddapetrolreading newsrishi sunakwokingham news
Previous Post

Hockey round-up: Sonning 2s stay in title hunt with victory over South Berkshire 2s

Next Post

Across the generations, the ancient art of hedgelaying is helping Twyford vineyard

FOLLOW US

POPULAR STORIES

  • Reading FC star Knibbs set to make Championship move as fee is agreed

    0 shares
    Share 0 Tweet 0
  • Former Reading FC striker Andy Carroll joins new club in England after leaving France

    0 shares
    Share 0 Tweet 0
  • Masked men armed with weapons rob store in Reading

    0 shares
    Share 0 Tweet 0
  • League One side set to win race for former Reading FC young star

    0 shares
    Share 0 Tweet 0
  • Reading FC forward given ultimatum over future at the club

    0 shares
    Share 0 Tweet 0

RDG.Today – which is a Social Enterprise – provides Reading Borough with free, independent news coverage.

If you are able, please support our work

Click Here to Support RDG.Today

ABOUT US

Reading Today is dedicated to providing news online across the whole of the Borough of Reading. It is a Social Enterprise, existing to support the various communities in Reading Borough.

CONTACT US

news@wokinghampaper.co.uk

Reading Today Logo

Keep up to date with our daily newsletter

We don’t spam we only send our newsletter to people that have subscribed

Check your inbox or spam folder to confirm your subscription.

The Wokingham Paper Ltd publications are regulated by IPSO – the Independent Press Standards Organisation.
If you have a complaint about a  The Wokingham Paper Ltd  publication in print or online, you should, in the first instance, contact the publication concerned, email: editor@wokingham.today, or telephone: 0118 327 2662. If it is not resolved to your satisfaction, you should contact IPSO by telephone: 0300 123 2220, or visit its website: www.ipso.co.uk. Members of the public are welcome to contact IPSO at any time if they are not sure how to proceed, or need advice on how to frame a complaint.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • MY AREA
    • Central Reading
    • East Reading
    • Bracknell
    • Calcot
    • Caversham
    • Crowthorne
    • Earley
  • COMMUNITY
  • SPORT
    • Reading FC
    • Football
    • Rugby
    • Basketball
  • ENTERTAINMENT
    • ARTS
    • READING FESTIVAL
    • READING PRIDE
    • WOKINGHAM FESTIVAL
  • PRIDE OF READING
  • OBITUARIES
  • JOBS
  • ADVERTISE
  • CONTACT US
  • SUPPORT US
  • SIGN UP FOR OUR NEWSLETTER
  • WHERE TO GET THE PRINT EDITION

© 2021 - The Wokingham Paper Ltd - All Right Reserved.