Osborne has a choice: cut taxes for the few or hit three million working families with tax credit cuts - McDonnell

John McDonnell MP, Labours Shadow Chancellor, speaking after Treasury Questions in the House of Commons, where the Chancellor refused to confirm his reversal of cuts in tax credit to three million families, said:

“It has taken three months for George Osborne to finally say he is prepared to listen to Labour’s warnings on tax credit cuts. He now has to hear what we are saying – that if he u-turns fairly and in full, then we will support him.

“George Osborne has a choice before him today, he can push on with his tax giveaways to big corporations and the wealthiest in our country, or he can reverse those tax breaks to the few and go for a lower surplus target in 2019/20 while sticking to his self-imposed Charter, and still be in a position to not hit three million working families with these tax credit cuts.

“The ball is now in Osborne’s court.”

Ends

They need too step back and reconsider