“SO much damage has already been done by this Conservative Government,” says Oxfordshire MP in response to the new chancellor’s plans.  

Liberal Democrat Layla Moran, who represents Oxford West and Abingdon, has spoken in response to Jeremy Hunt’s mini-budget statement including the planned cut to income tax as he set out plans for billions of pounds of savings to stabilise public finances

She said: “So much damage has already been done by this Conservative Government and the Chancellor’s statement will do nothing to calm the fears of people across Oxfordshire who are already worried about how they will make ends meet.

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“The Conservative Government has already trashed the British economy and put hundreds of pounds on people's mortgages.

“Now they are going to inflict even more pain by putting up energy bills, raising taxes and slashing crucial public services, while still protecting oil and gas giants from a proper windfall tax and still cutting taxes for the big banks.

“Liz Truss has lost all economic credibility, with her newest Chancellor taking a wrecking ball to the previous Chancellor’s plans. She has lost control of the economy, and now she is losing control of her party. 

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“The writing’s on the wall for this Government who are out of touch and out of ideas. That is why we need a General Election, to take them out of power and put an end to this crisis.”

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Read more from this author

This story was written by Gee Harland. She joined the team in 2022 as a senior multimedia reporter.

Gee covers Wallingford, Wantage and Didcot.

Get in touch with her by emailing: Gee.harland@newsquest.co.uk

Follow her on Twitter @Geeharland

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